Business, 21.04.2020 17:30 joshxg227

Which of the following statements is FALSE? I. If the demand curves are different, it is more profitable to set a single price than different prices in markets. II. To maximize profit the firm should set a lower price in markets with more elastic demand. III. The presence of arbitrage makes it easy for a firm to price discriminate.

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Which of the following statements is FALSE? I. If the demand curves are different, it is more profit...

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