A monopoly can price discriminate between two groups of consumers if _______ across the two groups.

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17-12-2017
Business

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A monopoly can price discriminate between two groups of consumers if _______ across the two groups.

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W0lf93 W0lf93 · Answer 1 · 2017-12-29T01:44:19+01:00

W0lf93 W0lf93

29-12-2017

Answer:
Marginal benefit differs. Explanation: Each group has different average willingness to pay for the good or service, say for example the willingness of a business traveler and a vacation traveler to avail a similar good or service as their marginal benefit varies.

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A monopoly can price discriminate between two groups of consumers if​ _______ across the two groups.

Respuesta :

Otras preguntas

A monopoly can price discriminate between two groups of consumers if _______ across the two groups.