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If a price-discriminating pure monopoly sells the same product in two markets but charges a higher price in market X and a lower price in
If a price-discriminating pure monopoly sells the same product in two markets but charges a higher price in market X and a lower price in market Y, the pricing difference indicates that demand is
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relatively more elastic in market X than market Y.
relatively less elastic in market X than market Y.
relatively less elastic in market Y than market X.
the same in both market X and Y.
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