Q
For a firm operating in two markets and price discriminating the profit maximising condition is ?
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A
A. Marginal revenue in a= price b
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B
B. Marginal revenue in a = marginal revenue b = price a = price b
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C
C. Marginal revenue in a = marginal revenue b = marginal cost
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D
D. Marginal revenue in a = marginal revenue b = average cost
Correct Answer:
B. B. Marginal revenue in a = marginal revenue b = price a = price b
