Suppose that many similar price-taking consumers (such as Denise in Chapter 10) have a single good (candy

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Suppose that many similar price-taking consumers (such as Denise in Chapter 10) have a single good (candy bars). Jane has a monopoly in wood, so she can set prices. Assume that no production is possible. Using an Edge-worth box, illustrate the monopoly optimum and show that it does not lie on the contract curve (that is, it isn't Pareto efficient)?
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