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Question 12

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Use the following to answer questions:
Figure: Monopolist Use the following to answer questions: Figure: Monopolist -(Figure: Monopolist) Refer to the figure. Based on the demand curves for a monopolist's product in two different markets-Market A and Market B-what price should the monopolist charge in Market A? A) $5 B) $10 C) $7 D) any price higher than $10
-(Figure: Monopolist) Refer to the figure. Based on the demand curves for a monopolist's product in two different markets-Market A and Market B-what price should the monopolist charge in Market A?


A) $5
B) $10
C) $7
D) any price higher than $10

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