Question
Suppose in a particular town, a garage with a black mechanic competes against a garage with a white mechanic. Suppose the white garage charges $20
Suppose in a particular town, a garage with a black mechanic competes against a garage with a white mechanic. Suppose the "white" garage charges $20 for an oil change. What price will the "black" garage has to offer to attract a customer with a discrimination coefficient d=5?
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Macroeconomics
Authors: Charles I. Jones
1st Edition
978-0393926385, 0393926389
