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Llanis Llanis
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6 years ago
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?
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Microeconomics

Microeconomics


Edition: 6th
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TecShdwTecShdw
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6 years ago
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Llanis Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
ouasfoudgewu
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Yesterday
Thanks
Fanmkreyol
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2 hours ago
Thank you, thank you, thank you!
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