If the price elasticity of demand for a product in market A is -0.2 a – McqOptions

MCQOPTIONS

1.	If the price elasticity of demand for a product in market A is -0.2 and in market B is -3 a price discriminator will charge ?
A.	The higher price in market A
B.	The higher price in market B
C.	The same Price in both markets
D.	Cannot tell which price will be higher
Answer» D. Cannot tell which price will be higher

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