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(1.14 U PE, which sells 56, can operate in three markets. Demand for 56 in market 1 is q1 = 60 p1 ,demand in market

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(1.14 U PE, which sells 56, can operate in three markets. Demand for 56 in market 1 is q1 = 60 p1 ,demand in market 2 is q; = 50 p2,and demand in market 3 is q3 = 40 p3 . The cost of producing each unit of SE is 30 and there is no xed cost. UPE cannot price discriminate, that is it has to set the same uniform price p in all the three markets. The prot maximizing price p chosen by UPE is

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