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Author Question: A price-discriminating monopolist having identical costs in two markets should charge a higher price ... (Read 125 times)

ahriuashd

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on: Jul 1, 2018
A price-discriminating monopolist having identical costs in two markets should charge a higher price in that market
 a. which has a higher demand.
  b. which has a more elastic demand.
  c. which has a less elastic demand.
  d. which has a higher marginal revenue.

Question 2

For the practice of price discrimination to be successful, the monopoly must
 a. face an imperfect resale market for its product.
  b. face similar demand curves for various markets.
  c. have similar costs among markets.
  d. have a downward sloping marginal cost curve.


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TINA

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Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

a


ahriuashd

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Reply #2 on: Jul 1, 2018
Correct answers!


TINA

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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