Question: QUESTION 12 15- 15- 10. 10- 5 - MRD MR D Q 1Q 10 5 10 15 Residential Business Bob is the only carpet installer

 QUESTION 12 15- 15- 10. 10- 5 - MR\\D MR D

QUESTION 12 15- 15- 10. 10- 5 - MR\\D MR D Q 1Q 10 5 10 15 Residential Business Bob is the only carpet installer in a small isolated town. The above figure shows the demand curves of two distinct groups of customers-residential and business. Bob is likely to price discriminate because elasticities differ across markets. the installation of carpets cannot be resold. Bob can probably identify which consumers belong to which segment. All of these

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