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If a monopolist engages in three-degree price discrimination in two segmented markets, but the firm’s cost function is the same in both markets, in which market will the firm set a higher price?

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题目:If a monopolist engages in three-degree price discrimination in two segmented markets, but the firm’s cost function is the same in both markets, in which market will the firm set a higher price?

The larger market in terms of market size
The smaller market in terms of market size
The market with more elastic demand
The market with less elastic demand

喵查答案:The market with less elastic demand
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