In July 2024
Answer to Question #287129 in Microeconomics for Aditi
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?
As a monopolist I would apply price discrimination as the pricing strategy. In this strategy, different prices can be set in the two markets for the same product.
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#339914 on Dec 2023
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