A monopolist is able to practice third degree price discrimination between two markets.The demand fu
A monopolist is able to practice third degree price discrimination between two markets.The demand function in the first market is q = 500-2p and the demand function in the second market is q = 1500-6p.To maximize his profits, he shoul
D.
A.charge a higher price in the second market than in the first.
B.charge a higher price in the first market than in the seconD.C.charge the same price in both markets.
D.sell only in one of the two markets.
正确答案:charge the same price in both markets.
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