Monopolist sells to two markets

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A monopolist sells to two markets: in market 1 there is a constant elasticity of demand e1 <-1; in market 2 there is a constant elasticity of demand e2> -1 The monopolist charge a higher price in the market with the "more elastic" demand (i.e., the one with a more negative value of e).

Reference no: EM131378562

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