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You are the manager of a monopoly that sells a product to two groups of consumers in different parts of the country. Group 1's elasticity

You are the manager of a monopoly that sells a product to two groups of consumers in different parts of the country. Group 1's elasticity of demand is -2, while group 2's is -5. Your marginal cost of producing the product is $10.

a. Determine your optimal markups and prices under third-degree price discrimination.

Instructions:Enter your responses rounded to two decimal places.

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