Given: Own-price Elasticity of Demand for Market Segment #1 = -1.78 Own-price Elasticity of Demand for Market Segment #2
Posted: Fri Jul 01, 2022 8:14 am
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
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