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Apple is a monopolist selling iPhones. Assume that Apple offers a price discount for every IPhone such that the new discounted price is below the

Apple is a monopolist selling iPhones. Assume that Apple offers a price discount for every IPhone such that the new discounted price is below the monopoly price.

B) What happens to Apple's profit when it charges the discounted price?

Question 5 options:

Increases

Decreases

Remains the same

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