I have two independent Poisson processes $A$ and $B$ with arrival rates $\lambda_A$ and $\lambda_B$, respectively. Now, the expected time for the arrival of the next item for the merged process should be $\frac {1}{\lambda_A+\lambda_B}$.
Assuming $T_{A+B}$ to be the arrival time for the next item of the combined process, and $\{X=A\}$ or $\{X=B\}$ as the events that the items are from processes $A$ or $B$, using the law of total expectations, we get
$$ \begin{align} \mathbb{E}(T_{A+B}) &= \mathbb{E}( T_{A+B} \mid X =A )\mathbb{P}[X = A] + \mathbb{E}( T_{A+B}\mid X =B)\mathbb{P}[X = B]\\ &= \frac 1\lambda_A \frac {\lambda_A}{\lambda_A+\lambda_B} + \frac 1\lambda_B\frac {\lambda_B}{\lambda_A+\lambda_B} \\ &= \frac {2}{\lambda_A+\lambda_B} \end{align} $$ What am I doing wrong ? Thanks.