Reference: Ref 14-1 (Figure: Monopolist) Refer to the Figure

question 28

Multiple Choice

Reference: Ref 14-1 (Figure: Monopolist) Refer to the figure. Based on the demand curves for a monopolist's product in two different markets- Market A and Market B-what price should the monopolist charge in Market A?

• A) $5
• B) $10
• C) $7
• D) any price higher than $10.

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