Suppose a single monopolist controls the market for Coke and Pepsi in Worked-Out Problem 19.2. If the

Question:

Suppose a single monopolist controls the market for Coke and Pepsi in Worked-Out Problem 19.2. If the monopolist sets the same price for Coke and Pepsi, what price would maximize its profit? How does that price compare to the equilibrium prices in Worked-Out Problem 19.2?