In Market A, one unit sells for $10 and the quantity demanded goes up one unit for

Question:

In Market A, one unit sells for $10 and the quantity demanded goes up one unit for every $2 price decrease. In Market B, the demand price for one unit is $6 and the quantity demanded goes up one unit for every $1 price decrease. If you were a price discriminator with a constant marginal cost of $2, what price would you charge in each market?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: