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
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 quantity
Demanded goes up one-unit for every $1 price decrease. If you were a price
Discriminator with constant marginal cost of $2, what price would you charge in each
Market? Can you also draw a table to find your answers.
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The Americans An Economic Record An Economic Record
Authors: Stanley Lebergott
1st Edition
0393953114, 9780393953114
