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A monopolist sells in two markets that have demand functions given by D1 (p1) = 100...

A monopolist sells in two markets that have demand functions given by D1 (p1) = 100 - p1 and D2 (p2) = 100 - (1/2) p2: The marginal cost of production is constant at c = 20. (a) Assume the Örm charges di§erent prices to each group. What will be the equilibrium quantities in markets 1 and 2? (b) What market pays a higher price? Why?

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