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Suppose that a monopolist supplier imports and sells both protective masks and disposable gloves. All consumers (A and B) want to purchase both items to
Suppose that a monopolist supplier imports and sells both protective masks and disposable gloves. All consumers (A and B) want to purchase both items to protect against COVID-19, but consumers disagree about which item offers more protection. (A Consumers) believe that masks offer more protection, whereas (B Consumers) believe that disposable gloves offer more protection. The table below provides the maximum willingnesses to pay for each good by each consumer type.
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