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The Following Table Shows the Marginal Revenues Earned by a Price

Question 26

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The following table shows the marginal revenues earned by a price discriminating monopolist in two different markets.Table 11.5
The following table shows the marginal revenues earned by a price discriminating monopolist in two different markets.Table 11.5    -When practicing price discrimination, a firm can increase its revenue by: A) charging a higher price to the customers with a more inelastic demand. B) charging a higher price to the customers with a perfectly elastic demand. C) supplying more in a market with a more inelastic demand. D) supplying less in a market with lower elasticity of demand. E) charging a lower price in a market dominated by wealthy consumers.
-When practicing price discrimination, a firm can increase its revenue by:


A) charging a higher price to the customers with a more inelastic demand.
B) charging a higher price to the customers with a perfectly elastic demand.
C) supplying more in a market with a more inelastic demand.
D) supplying less in a market with lower elasticity of demand.
E) charging a lower price in a market dominated by wealthy consumers.

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