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sinerus sinerus
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6 years ago
Suppose that a price discriminating monopolist is able to divide its market into two groups. If the firm sells its product for $50 to the group whose customers have the most elastic demand, what price are they likely to charge to the group whose customers have the least elastic demand?
A) less than $50
B) more than $50
C) $50
D) The answer depends on the marginal revenue for that group.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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tristiontristion
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6 years ago
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sinerus Author
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6 years ago
Smart ... Thanks!
jakechambo3
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Yesterday
This helped my grade so much Perfect
jayfo05
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2 hours ago
Just got PERFECT on my quiz
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