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Economics
MEDIUM
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Economics
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 ?
A
The higher price in market A
Option A
B
The higher price in market B
Option B
The same Price in both markets
Correct answer
D
Cannot tell which price will be higher
Option D
Correct answer: C
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