Use the graphs above to answer the questions. a. If this firm wants to maximize profits, what
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a. If this firm wants to maximize profits, what price will it charge in Market 1, and what quantity will it sell?
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b. If this firm wants to maximize profits, what price will it charge in Market 2, and what quantity will it sell?
-2.png)
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a The graph shows that in Market 1 marginal revenue equals ma...View the full answer
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