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1.4. (11 points) A monopolist has no Fixed Cost, Marginal Cost is constant at 60, and the firm practices third-degree price discrimination.If the elasticity of

1.4. (11 points) A monopolist has no Fixed Cost, Marginal Cost is constant at 60, and the firm practices third-degree price discrimination.If the elasticity of demand (ignoring the negative sign) is five in one market and four in the other market, what price will the firm charge in each market?SHOW YOUR WORK.

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