Question
You are the manager of a monopoly that sells a product of two groups of Consumers in different parts of the country.Group 1's elasticity of
You are the manager of a monopoly that sells a product of two groups of Consumers in different parts of the country.Group 1's elasticity of demand is -3, while group 2's is -5. Your marginal cost of producing the product is $40.
a. Determine your optimal markups and prices under third-degree price discrimination.
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Historical Perspectives On The American Economy Selected Readings
Authors: Robert Whaples, Dianne C Betts
1st Edition
0521466482, 9780521466486
