Economics · Market Structure
Under price discrimination between two markets, if marginal revenue in the first market (MR1) is greater than in the second market (MR2), what action will a rational monopolist take?
- 1Transfer goods from the first market to the second market
- 2Stop selling goods in both markets
- 3Transfer goods from the second market to the first market✓
- 4Sell equal quantities in both markets
Correct answer
Transfer goods from the second market to the first market
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