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Uniform Pricing vs Third Degree Price Discrimination: A monopolist serves two different regions with distinct groups of customers. The inverse demand function for Group 1
Uniform Pricing vs Third Degree Price Discrimination: A monopolist serves two different regions with distinct groups of customers. The inverse demand function for Group 1 is P = 1 Q1, and for Group 2, it is P = 0.5 Q2. Assume that the production costs are zero
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