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a.What price will Campus Books charge if it must charge a single price to all of its customers? Suppose Campus Books, a profit-maximizing firm, is
a.What price will Campus Books charge if it must charge a single price to all of its customers?
Suppose Campus Books, a profit-maximizing firm, is the only supplier of the textbook for a given class. The marginal cost of supplying each book is constant and equal to $10, and Campus Books has no fixed costs. The table below shows the reservation prices of the eight students enrolled in the class.
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