Suppose group price discrimination is possible but a firm chooses not to and sets the same price in each market. As a result Select one:
a. price elasticity of demand is the same in each market.
b. the price-inelastic market will buy zero units.
c. marginal revenue in the more price-elastic market exceeds marginal revenue in the less price-elastic market.
d. the deadweight loss is less than if the firm price discriminated.
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Home » Business » Suppose group price discrimination is possible but a firm chooses not to and sets the same price in each market. As a result Select one: a. price elasticity of demand is the same in each market. b. the price-inelastic market will buy zero units. c.