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A monopolist produces sets/boxes of golf balls. Assume that the demand for a set of golf balls is P=100-Q and its MC=20. Suppose the monopolist
A monopolist produces sets/boxes of golf balls. Assume that the demand for a set of golf balls is P=100-Q and its MC=20.
Suppose the monopolist sets a two-part tariff (a per unit fee and a lump sum fee). What is the optimal unit price and lump sum (or fixed) fee? Please fill in the blanks.
Unit Price (insert only a number without dollar sign):
Lump sum price (insert only a number without dollar sign)::
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