A monopolist is able to practice third degree price discrimination between two markets.The demand function in the first market is q = 500-2p and the demand function in the second market is q = 1500-6p.To maximize his profits, he shoul
A monopolist is able to practice third degree price discrimination between two markets.The demand function in the first market is q = 500-2p and the demand function in the second market is q = 1500-6p.To maximize his profits, he shoul
D.
A.charge a higher price in the second market than in the first.
B.charge a higher price in the first market than in the seconD.C.charge the same price in both markets.
D.sell only in one of the two markets.
正确答案:charge the same price in both markets.
Tag:中级微观经济学
时间:2023-12-17 11:47:59
- 上一篇:For a monopolist who faces a downward sloping demand curve, marginal revenue is less than price whenever quantity sold is positive.。
- 下一篇:A monopolist finds that a person';s demand for its product depends on the person';s age.The inverse demand function of someone of age y; can be written p = A(y)-q where A(y) is an increasing function of y.The product cannot be resold from one buye