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Suppose group price discrimination is possible; however, a firm sets the same price in each market. ...

MrGrimey

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Suppose group price discrimination is possible; however, a firm sets the same price in each market. ...

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

Edition: 4^th

Author: Perloff

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Rumko

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More solutions for this book are available here

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MrGrimey Author

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6 years ago

this is exactly what I needed

kevin12323h

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Correct

kc123

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

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