Question: A monopolist faces two market segments. In each market segment, the demand curve is of the constant elasticity form. In market segment 1, the price

A monopolist faces two market segments. In each market segment, the demand curve is of the constant elasticity form. In market segment 1, the price elasticity of demand is -3, while in market segment 2, the price elasticity of demand is -1.5. The monopolist has a constant marginal cost of $5 per unit, which is the same in each market segment. What is the monopolist's profit maximizing price in each segment?

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