Question

Suppose a profit-maximizing monopoly is able to employ group price discrimination. The marginal cost of providing the good is constant and the same in both markets. The marginal revenue the firm earns on the last unit sold in the market with the lower price will be:_________

Answer 1

The description as per the given question is described in the below section.

Step-by-step explanation:

• The investor receives upon that final unit offered on the organization at the maximum bidder, equivalent to the average income.

⇒
`MR=MC`

• Whenever such monopoly generates a lesser volume,
• 
  `MR > MC` could generate greater margins at these production additions to lowering production.