Babble-On maintains world-wide patents for software which translates any of 314 spoken languages within text, along with automatic audio and text translations within any of the other three-hundred-thirteen languages. When Babble-On is a pure monopoly, such firm confronts a demand curve which is: (w) identical to the industry demand curve. (x) perfectly price inelastic. (y) unitarily price elastic. (z) perfectly price elastic.
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