Two Consumers Justin And Cindy Of The Same Product Have The Following Demand Curves 1071580
Two consumers Justin and Cindy of the same product have thefollowing demand curves: Q1 = 500 Ac€?o 10 P andQ2= 500 Ac€?o 20 P. The marginal cost (MC) for the firm is$10. Calculate the prices when the firm discriminates between thetwo consumers. Is this a good strategy, or should the firm chargethe same price to both of them?
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