You are the manager of a monopoly that sells a product to two groups of consumers in
Question:
a. Determine your optimal markups and prices under third-degree price discrimination.
b. Identify the conditions under which third-degree price discrimination enhances profits.
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a b Here there are two different groups with different and identifiable elast...View the full answer
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Related Book For 
Managerial Economics and Business Strategy
ISBN: 978-0071267441
7th Edition
Authors: Michael R. baye
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