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Answer to Question #281408 in Economics of Enterprise for Anju

Question #281408

Suppose you are a monopolist and find that the demand elasticity of your product is different in two markets. What would be your pricing strategy?


1
Expert's answer
2021-12-20T11:29:25-0500


If the demand elasticity of your product is different in two market, then you may try price discrimination an set different prices in these two markets


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