What are the conditions of equilibrium for a discriminating monopoly?
Answers
Answered by
1
Explanation:
In other words, the equilibrium condition of a discriminating monopolist becomes: MR1 (marginal revenue in market A) = MR2 (marginal revenue in market B) = MC. These two conditions are nothing more than an application of the general principle of equilibrium, i.e., MR = MC.
Answered by
0
Answer:
it is the condition for a discriminating Monopoly by the poorest section of the society must be food insecure most of the time
Similar questions