Explain why charging a higher or lower price than p = 10 reduces the monopolys profit in
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Figure 12.5
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P) Picels Aboe Magina Cont (a) Picefquals Marginal Cost 80 A - 2.450 A, - $1800 20 10 MC 10 MC 60 70 80 Q, Unts per day 70 80 Q.Unts per day un eds d un eds
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