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If a price-discriminating monopoly charges a lower price to individuals in city X, it is likely that the firm a) believes that the demand of

If a price-discriminating monopoly charges a lower price to individuals in city X, it is likely that the firm

a) believes that the demand of individuals in city X is relatively elastic.

b) believes that the demand of individuals in city X is relatively inelastic.

c) cares about the well-being of the individuals in city X.

d) wants to shift the demand of individuals in city X.

What letter is correct?

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