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Refer to the Following Figure

Question 34

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Refer to the following figure:
Refer to the following figure: The graph shows the demands and marginal revenue in two markets, 1 and 2, for a price discriminating firm along with total marginal revenue, MR<sub>T</sub>, and marginal cost. -At the optimal price and quantity, what is demand elasticity in each market? A) E<sub>1</sub> =-3.67, E<sub>2</sub> = -2.33 B) E<sub>1</sub> =-03, E<sub>2</sub> = -4 C) E<sub>1</sub> = -2.5, E<sub>2</sub> = -3.5 D) E<sub>1</sub> = -3, E<sub>2</sub> = -3 E) E<sub>1</sub> = -1.67, E<sub>2</sub> = -2.33
The graph 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.
-At the optimal price and quantity, what is demand elasticity in each market?


A) E1 =-3.67, E2 = -2.33
B) E1 =-03, E2 = -4
C) E1 = -2.5, E2 = -3.5
D) E1 = -3, E2 = -3
E) E1 = -1.67, E2 = -2.33

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