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Exercise 4: Multi-Product Monopoly] Consider a firm that monopolizes two markets (of two goods}. Demand for good 1 is given by Dp], p2) = a
Exercise 4: Multi-Product Monopoly] Consider a firm that monopolizes two markets (of two goods}. Demand for good 1 is given by Dp], p2) = a bp1+ dpz, while demand for good 2 is given by D2[p1,p2} = a bpz + dp]. Where (3.1? > D and Idl
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