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    Intermediate Microeconomics Study Set 1
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    Exam 24: Monopoly Behavior-Part A
  5. Question
    A Price-Discriminating Monopolist Charges P<sub>1</sub> in Market 1 and P<sub>2</sub>
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A Price-Discriminating Monopolist Charges P1 in Market 1 and P2

Question 25

Question 25

True/False

A price-discriminating monopolist charges p1 in market 1 and p2 in market 2.If p1 > p2, the absolute value of the price elasticity in market 1 at price p1 must be smaller than the absolute value of the price elasticity in market 2 at price p2.

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