"How high should a monopoly set its prices in order to maximize profits?

"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. "

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