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Discriminating monopoly is possible if two markets have

This question belongs to Commerce Economics
Economics
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Discriminating monopoly is possible if two markets have

Answer & Solution
Correct Answer: Option C
Discriminating monopoly is possible if two markets have different elasticity of demand. Price discrimination is possible only when the buyers from different sub-markets are willing to purchase the same product at different prices. If the elasticity of demand is the same, then the effect of the price change on the buyer will be identical too.
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