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A concert organizer with a monopoly on ticket sales is asked to determine the optimal pricing strategy for maximizing profit. They are given the reservation price of each viewer group and asked to fill in a table calculating total revenue and marginal revenue at different ticket quantities.

This problem guides you through the steps of calculating optimal ticket pricing and revenue maximization for a monopoly concert organizer. Learn how to analyze demand by different viewer groups and fill in tables for total and marginal revenue calculations.

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