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19. Suppose a monopolist has designed a special camera 19. Suppose a monopolist has designed a special camera and film package which are integrated together.

19. Suppose a monopolist has designed a special camera

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19. Suppose a monopolist has designed a special camera and film package which are integrated together. There are two types of consumers: high demand and low demand. For high and low types, monthly demands are given P = 16 - On and P= 12 -Q1, respectively. The monopolist has figured out that leasing a camera/film package with 14 shots and another camera/film package with 6 shots maximises profit. What lease price should be charged for the 14 shot camera/film package in order to maximise profits? a. $74 b. $98 c. $102 d. $126 20. Two separate firms produce the complimentary goods of left shoes and right shoes. Assume the demand for a pair of shoes is given by Q= 150-(PL + PR), where PL and PR denote prices of left and right shoes, respectively. If there are no marginal costs of production, what will be the price of a pair of shoes? a. 50 b. 75 c. 100 d. 150 Please Help me

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