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A monopoly sells its good in the U.S. and Japanese markets. The American inverse demand function is Pa = 120 -Qa. and the Japanese inverse

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A monopoly sells its good in the U.S. and Japanese markets. The American inverse demand function is Pa = 120 -Qa. and the Japanese inverse demand function is P = 100-20, where both prices, p. and p, are measured in dollars. The firm's marginal cost of production is m = $25 in both countries. If the firm can prevent resales, what price will it charge in both markets? (Hint: The monopoly determines its optimal (monopoly) price in each country separately because customers cannot resell the good.) The equilibrium price in Japan is $ . (round your answer to the nearest penny)

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