Explain what perfect or third degree price discrimination is and why it leads to an efficient allocation.6.

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Explain what perfect or third degree price discrimination is and why it leads to an efficient allocation.6. Explain why a discriminating monopolist sets the marginal revenues in the two separate markets equal to each other and to marginal cost.

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Principles Of Microeconomics

ISBN: 9780812224177

1st Edition

Authors: Eugene Silberberg And Gregory Ellis

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