A monopolist, who is selling in two markets in which demands are not identical, will be unable to ma….

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A monopolist, who is selling in two markets in which demands are not identical, will be unable to maximise his profits unless he

Options :-

1. sells below costs of production in both the markets
2. practices price discrimination
3. equates the volume of sales in both the markets
4. equates marginal costs with marginal revenue in one market only

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