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Assertion (A): If the monopolist faces identical demand curves for his commodity in two separate m arkets, by practising third degree price discrimination, he cannot increase his TR and total profits.Reason (R): As the marginal revenue curves are identical when the demand curves in the two markets are the same, the monopolist will not charge different prices in each market to maximise profits.

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Microeconomics is a branch of economics that analyzes market behavior of individuals and firms in order to understand their decision-making processes.


Assertion (A): If the monopolist faces identical demand curves for his commodity in two separate m arkets, by practising third degree price discrimination, he cannot increase his TR and total profits.<br>Reason (R): As the marginal revenue curves are identical when the demand curves in the two markets are the same, the monopolist will not charge different prices in each market to maximise profits.






 
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