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Solve Part 2 of 2 *) Points: 0 Use the diagrams to answer the following questions. Market 1 O Market 2 20 20 18 18

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Part 2 of 2 *) Points: 0 Use the diagrams to answer the following questions. Market 1 O Market 2 20 20 18 18 16 16 Price and cost Price and cost APOONA ADOONA MC IMC IN N If the firm wants to maximize profits, what price will it charge in Market 1, and what quantity will it sell? The firm will charge a price of $ 10 and will sell a quantity of 40 units. (Enter numeric responses using integers). If the firm wants to maximize profits, what price will it charge in Market 2, and what quantity will it sell? The firm will charge a price of $| and will sell a quantity of units

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