|
Title: A specialized rice grower sells rice in two markets, the United States and Japan, and the marginal ... Post by: Llanis on Oct 18, 2017 A specialized rice grower sells rice in two markets, the United States and Japan, and the marginal cost the same in both markets. The price elasticity of demand in the United States is -2.0, and the price elasticity of demand in Japan is -1.5. If the grower practices multimarket price discrimination, which country's consumers will pay a higher price and by how much?
Title: Re: A specialized rice grower sells rice in two markets, the United States and Japan, and the ... Post by: TecShdw on Oct 18, 2017 Content hidden
|