Question: This was the information given. A monopolist practices third degree price discrimination in two markets. The ratio of price to marginal cost in market 1

This was the information given.

A monopolist practices third degree price discrimination in two markets. The ratio of price to marginal cost in market 1 is 3. The price of the good in market 1 is equal to 100. The price of the good in market 2 is equal to 80. Determine the elasticity of demand with respect to price in the second market

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