Q
If the price elasticity of demand for a product in market A is -0.2 and in market B is -3 a price discriminator will charge ?
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A
A. The higher price in market a
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B
B. The higher price in market b
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C
C. The same price in both markets
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D
D. Cannot tell which price will be higher
Correct Answer:
C. C. The same price in both markets
