• Which of the following statements about a third degree price discrimination monopolist selling in two different markets (meaning to two groups of consumers) is FALSE?
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• A third degree price discriminating monopolist prices makes higher profit than if it charged a uniform price in both market.

  A profit maximizing third degree price discriminating monopolist sets marginal rev- enue equal across markets.

  None of the above

  A profit maximizing third degree price discriminating monopolist sets marginal rev- enue equal to marginal cost in both markets.

  
  

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The detailed answer for the above question is provided below The false statement is A profit maximiz... View the full answer