if two groups have the same price elasticity of demand, third-degree price discrimination(i.e. charging the two groups different prices) will reduce the monopolists profits relative to not price discriminating.   1.true 2.false

Economics:
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ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter28: Antitrust And Regulation
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Problem 8E
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if two groups have the same price elasticity of demand, third-degree price discrimination(i.e. charging the two groups different prices) will reduce the monopolists profits relative to not price discriminating.

 

1.true

2.false

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