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Business, 23.10.2019 03:00 nurmukhammada

Amonopolistic seller of rare oriental rugs discovers that 60% of the population is willing to pay $1,000 for a rug. the remaining 40% of the population is willing to pay $2000. each rug costs $600 to produce. how much should the monopolist charge for each rug?

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Amonopolistic seller of rare oriental rugs discovers that 60% of the population is willing to pay $1...
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