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Answer to Question #280808 in Economics for rohan

Question #280808

suppose you are a monopolist and find that the demand elasticity of your product is different in two market what would be your pricing strategy

1
Expert's answer
2021-12-17T14:45:32-0500

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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Comments

Vishal
06.01.22, 17:47

Good helpful answer

Shhbham
26.12.21, 08:36

It was such a wonderful and perfect answer for my question. Thankyou.

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