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Describe the effects of a monopolist choosing to discriminate between two markets (assume a starting condition...

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Economics

Describe the effects of a monopolist choosing to discriminatebetween two markets (assume a starting condition of equal prices inboth markets). Is it always possible to profit from this kind ofdiscrimination? Does elasticity matter? How should quantities beadjusted?

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If the monopolist chooses to discriminate between two markets then this is known as Third Degree Price Discrimination We assume that prices in both markets are equal to each other Let the Marginal    See Answer
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