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Question 12 Use the following to answer questions 12-14: Not yet answered .A monopolist faces two consumer groups: old and young. The demand of old

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Question 12 Use the following to answer questions 12-14: Not yet answered .A monopolist faces two consumer groups: old and young. The demand of old Points out of clients for the output of the monopolist is Po = 8-0.5Q.. The demand of young 1.00 clients for the output of the monopolist is Py = 10-Qy. The cost is C(Q) = 2Q. If Flag the monopolist can price discriminate between the two groups (i.e., charge a question different uniform price to each group), 12 what price will old and clients be charged Select one: O a. O

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