Consumer a values good 1 at 4500 and good 2 at 1500, Ask an Expert

Economics

Consumer A values good 1 at $4,500 and good 2 at $1,500. Consumer B values good 1 at $5,000 and good 2 at $1,000. Costs are zero. Suppose the monopolist only sold the goods separately. What prices will the monopolist charge for good 1 to maximize revenues for good 1?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91710712

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