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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-if the monopolist were to charge a uniform price P<sub>U</sub> between the two markets, in which range would the price fall? A)  $5 < P<sub>U </sub>< $9 B)  $5 < P<sub>U </sub>< $10 C)  $9 < P<sub>U </sub>< $10 D)  $7 < P<sub>U </sub>< $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-if the monopolist were to charge a uniform price PU between the two markets, in which range would the price fall?


A) $5 < PU < $9
B) $5 < PU < $10
C) $9 < PU < $10
D) $7 < PU < $10

Correct Answer:

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