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5. Suppose there is a price discriminating monopolist who sells to two groups, adults and kids. At the current level of output, the marginal revenue
5. Suppose there is a price discriminating monopolist who sells to two groups, adults and kids. At the current level of output, the marginal revenue for adults is $15 and the marginal revenue for kids is $10. Can the monopolist plan anything to increase its profits (without changing the level of production)? Briefly explain.
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