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Question
If the price elasticity of demand for U.S. automobiles is higher in Europe than it is in the United States, and transport costs are zero, a price -discriminating monopolist would charge
A) the same price for autos in the United States as in Europe.
B) a lower price for autos in the United States than in Europe.
C) a higher price for autos in the United States than in Europe.
D) a less profitable price for autos in the United States than in Europe.
Answer
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Related questions
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