Multiple Choice
The following graph shows the demands and marginal revenue in two markets,1 and 2,for a price discriminating firm along with total marginal revenue,MRT,and marginal cost. At the optimal price and quantity,what is demand elasticity in each market?
A) E1 = -3.67,E2 = -2.33
B) E1 = -3,E2 = -4
C) E1 = -2.5,E2 = -3.5
D) E1 = -3,E2 = -3
E) E1 = -1.67,E2 = -2.33
Correct Answer:

Verified
Correct Answer:
Verified
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