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Assume a monopoly can produce any level of output it wishes at a constant marginal cost of $5 per unit. Assume the monopoly sells its goods in two different markets esparated by some distance. The demand curve in the first market is given by Q1=55-P1,and demand curve in second market is given by Q2=70-2P2

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9277276

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