Question 1 question text the following shows the demands and
Question 1 Question text The following shows the demands and marginal revenue in two markets, 1 and 2, for a price discriminating firm along with total marginal revenue, MRT, and marginal cost MC: Compare the demand conditions in each market; i.e. how do the two markets differ in their demand for the firm’s product? Select one: a. Market 1 has less demand than market 2. 1 is low demanders, 2 is high demanders. […]