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MIc Pricing Assume a rm faces two customers in the market. Customer 1 has an inverse demand of p = 120 - ch . and

MIc Pricing

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Assume a rm faces two customers in the market. Customer 1 has an inverse demand of p = 120 - ch . and Customer 2 has an inverse demand of p = 160 - q2. Marginal Dost per unit is constant and equal to $40. Determine the profitmaximizing price and identical lumpsum fee charged to these two customers. For the following questions, assume the tinn will always sell to both customers. "he protmaximizing price is $ . (Enter a numeric response using a real number rounded to firm declmal places.) "he lumpsum fee is $ . (Enter a numeric response rounded to the nearest penny)

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