In the high quality steel market appliance manufacturers have a more elastic demand than car manufacturers. Steel seller

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In the high quality steel market appliance manufacturers have a more elastic demand than car manufacturers. Steel seller

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In The High Quality Steel Market Appliance Manufacturers Have A More Elastic Demand Than Car Manufacturers Steel Seller 1
In The High Quality Steel Market Appliance Manufacturers Have A More Elastic Demand Than Car Manufacturers Steel Seller 1 (13.86 KiB) Viewed 27 times
In the high quality steel market appliance manufacturers have a more elastic demand than car manufacturers. Steel sellers have the same marginal cost of supplying the product to either type of customer. If sellers engage in price discrimination, who end up paying a higher price? There is not enough information to answer (we need to know the average cost for each type of customer). O Car manufacturers Appliance manufacturers. Both types of manufacturers will pay the same price since the marginal cost of the product is the same.
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