A Price-Discriminating Monopolist Sells in Two Separate Markets Such That

question 10

Multiple Choice

A price-discriminating monopolist sells in two separate markets such that goods sold in one market are never resold in the other. It charges $6 in one market and $8 in the other market. At these prices, the price elasticity in the first market is -2.10 and the price elasticity in the second market is -0.40. Which of the following actions is sure to raise the monopolist's profits?

• A) Raise both p₁ and p₂.
• B) Raise p₂.
• C) Lower p₂.
• D) Raise p₁ and lower p₂.
• E) Raise p₂ and lower p₁.

Identify and describe key terms related to muscle anatomy and physiology.

Recognize the differences and functions of various muscle fiber types.

Understand the concepts of muscle hypertrophy and atrophy.

Define and differentiate between concentric and eccentric muscle contractions.