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A monopoly engages in 3rddegree price discrimination and charges the price p1in Market 1 and the price p2in Market 2.At these prices, the price elasticity

A monopoly engages in 3rddegree price discrimination and charges the price p1in Market 1 and the price p2in Market 2.At these prices, the price elasticity of the demand is -6 in market 1 and -4 in market 2.What is the value of the ratio p1/p2?

a. 2/3

b. 10/9

c. 3/2

d. 9/10

Please explain why.

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