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microeconomics A monopolist faces a market demand of Q - 100-2P. The monopolist has a constant marginal cost of MC - 20. Question 7 of

microeconomics

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A monopolist faces a market demand of Q - 100-2P. The monopolist has a constant marginal cost of MC - 20. Question 7 of 28 6 Points y Click to see additional instructions Suppose that the monopolist can identify two different groups: students and adults. The demand curve of students is: Q-50-1.5P and the demand curve of adults is: Q-50-0.5P. Assuming that the monopolist can discriminate between the two groups, calculate the market price and quantity for each group. Calculate the monopoly profit. Group of Students : Quantity Price : Group of Adults : Quantity Price : Monopoly Profits/

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