Please review and answer the following question.

G course hero - Google Search X Homework Help - Q&A from x PaperWritten.com - Order M x | G liberty university - Google SE X Connect x Mail - McNair, James R - Ou x + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Flearn.liberty.edu%252Fwebapps%252Fportal%252Fframeset.jsp%253Ftab_tab_group_id%25. Apps ESPN: The Worldwi... Shalimar Weather -... G Google https://searchsafe.n.. New Tab Bookmarks @ Pay Someone To D... Homework 6 i Saved Help Save & Exit Subn Check my work 5 You are the manager of a monopoly that sells a product to two groups of consumers in different parts of the country. Group 1's elasticity of demand is -6, while group 2's is -5. Your marginal cost of producing the product is $50. 8 a. Determine your optimal markups and prices under third-degree price discrimination. points Instructions: Enter your responses rounded to two decimal places. Skipped Markup for group 1: eBook Price for group 1: $ References Markup for group 2: Price for group 2: $ b. Which of the following are necessary conditions for third-degree price discrimination to enhance profits. Instructions: In order to receive full credit, you must make a selection for each option. For correct answer(s), click the box once to place a check mark. For incorrect answer(s), click twice to empty the box. ? At least one group has elasticity of demand greater than 1 in absolute value. ? We are able to prevent resale between the groups. ? At least one group has elasticity of demand less than one in absolute value. Graw O m Y Search for anything DELL