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Table below shows market demand for picnic lunches for people taking all-day rafting trips on the river. Joe has a firm providing this service, and

Table below shows market demand for picnic lunches for people taking all-day rafting trips on the river. Joe has a firm providing this service, and his marginal cost and average cost for each lunch are a constant $4. If Joe is a monopolist, how many lunches will he produce? If Joe is a monopolist, what price will he charge for a lunch?

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Ta le: Price Pen nded $1

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