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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?
Textbook 
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
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Brilliant
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2 hours ago
This helped my grade so much Perfect
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