How high should a monopoly set its prices in order to


How high should a monopoly set its prices in order to maximize profits? When you post a response to this question, place it in the context of one of the following examples:

A geographically isolated gas station.

A concert on campus.

Soft drinks at a sporting event.

A prescription drug.

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Microeconomics: How high should a monopoly set its prices in order to
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