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Question: If Lisa and Mark operate as a profit-maximizing monopoly in the market for water, what price will...please explain why the answer
is c

Show transcribed image text If Lisa and Mark operate as a profit-maximizing monopoly in the market for water, what price will they charge? $20 $40 $60 $70

If Lisa and Mark operate as a profit-maximizing monopoly in the market for water, what price will they charge? $20 $40 $60 $70