Economics (M.Phil./Ph.D.) 2014 Panjab University Entrance Exam With Answers

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4.

If the demand curves for a Monopolists’ commodity are identical in two markets then by practicing third degree price discrimination he can :

A: increase both Total Revenue & total profits
B: increase Total Revenue, but not total profits
C: increase Total Profits, but not total Revenue
D: neither increase Total Revenue, nor Total Profits

The answer is: D

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