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a) Explain the conditions under which a monopolist is able to price discriminate.
b) Demonstrate the relationship between a firm's marginal revenue function and its relationship to the price elasticity of demand.
c) Demonstrate the relationship between a firm's pricing policy and the price elasticity of demand.
#suppose EEPCO is amultiplant monopolist with two plants: Gibe plant and Fincha plant. The operating costs of the two plants are: Gibe plant Tc1=10Q^2 and Fincha plant TC2=20Q^2.
Instructions to Students 1. Answer all the questions, using economic models where appropriate. Begin a question on a new page. 2. Please attach a copy of the assignment cove
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