Given: Own-price Elasticity of Demand for Market Segment #1 = -1.78 Own-price Elasticity of Demand for Market Segment #2

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answerhappygod
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Given: Own-price Elasticity of Demand for Market Segment #1 = -1.78 Own-price Elasticity of Demand for Market Segment #2

Post by answerhappygod »

Given:
Own-price Elasticity of Demand for Market Segment #1 = -1.78
Own-price Elasticity of Demand for Market Segment #2 = -2.35
Which market segment would be charged a higher price under thirddegree price discrimination?
Segment #1
Segment #2
Elasticities don't change pricing decisions
Cannot determine
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