Use the figure below to answer the following questions. Figure 12.2.3 ...

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Use the figure below to answer the following questions.

Figure 12.2.3

Refer to Figure 12.2.3. Assume this firm is a single-price monopoly. What is the profit-maximizing price to charge for the tickets?

$3.00

❌

$2.50

0%

$3.50

0%

$5.00

0%

$4.00

❌

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