Business, 04.09.2019 21:10 xonyemaa12

Suppose that a monopolist sells a product to men and women. if the firm sets a single price, the monopolist would produce 100,000 units and sell them at a price of $5.00 per unit. suppose that at that price, the price elasticity of demand for men is -3.50, and the price elasticity of demand for women is -0.80. the monopolist is considering whether he should set discriminatory prices and asks for your advice.

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Suppose that a monopolist sells a product to men and women. if the firm sets a single price, the mon...