The graph below shows the demands and marginal revenue in two markets, 1 and 2, for a price discriminating firm along with total marginal revenue, MRT, and marginal cost Price and cost (doar) 100 80 60 40 20 0 100 200 300 Ma Multiple Choice 400 My 500 Quantity What price should the firm charge in each market? MC 600 700 MRT D₂ 800 900 1000

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter13: Monopoly And Antitrust
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2:29
The graph below shows the demands and marginal revenue in two markets, 1 and 2, for a price discriminating firm along with total marginal revenue,
MRT, and marginal cost
Price and cost (doar)
100
60
60
9
20
0
100 200 300
M
Multiple Choice
400
500
Quantity
What price should the firm charge in each market?
MC
600
D₁
700
MRT
D₂
BOO 900 1000
Transcribed Image Text:2:29 The graph below shows the demands and marginal revenue in two markets, 1 and 2, for a price discriminating firm along with total marginal revenue, MRT, and marginal cost Price and cost (doar) 100 60 60 9 20 0 100 200 300 M Multiple Choice 400 500 Quantity What price should the firm charge in each market? MC 600 D₁ 700 MRT D₂ BOO 900 1000
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