Business, 08.04.2021 22:00, maskythegamer

In order to price-discriminate, a firm must be able to separate its customers who have different elasticities of demand. A firm can earn more revenue by charging higher prices to consumers with relatively inelastic demand, and lower prices to consumers with relatively elastic demand. Consider the different customers listed below. Which ones have relatively inelastic demand, and which ones have relatively elastic demand

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In order to price-discriminate, a firm must be able to separate its customers who have different ela...