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Assume that the demand for an NHL first-round playoff ticket in a center-ice box seat is
represented by the function:
P = 750 Q
MR = 750 2Q and MC = 10
a. What single price will maximize the monopolys profit?
b. What are the prices and quantity under two-part pricing?
c. Calculate and compare profits for letter A. and letter B.

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  • 1. Assume that the demand for an NHL first-round playoff ticket in a center-ice box seat is represented by the function: P = 750 Q MR = 750 2Q and MC = 10 a. What single price will maximize the monopolys profit? b. What are the prices and quantity under two-part pricing? c. Calculate and compare profits for letter A. and letter B.