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MrGrimey MrGrimey
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Posts: 336
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6 years ago
Suppose group price discrimination is possible; however, a firm sets the same price in each market. As a result,
A) price elasticity of demand is the same in each market.
B) the price-inelastic market will buy zero units.
C) marginal revenue in the more price-elastic market exceeds marginal revenue in the less price-elastic market.
D) the deadweight loss is less than if the firm price discriminated.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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RumkoRumko
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Posts: 279
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6 years ago
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MrGrimey Author
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6 years ago
Good timing, thanks!
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Yesterday
You make an excellent tutor!
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2 hours ago
Thanks
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