Determine optimal markup nd price under price discrimination

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Reference no: EM13184201

You are the manager of a monopoly that sells a product to two groups of consumers in different parts of the country. Group 1's elasticity of demand is -4 while group 2's is -6. Your marginal cost of producing the product is 50.

A determine your optimal markups and prices under third degree price discrimination.

Reference no: EM13184201

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