True or false; explain your answer. Suppose a firm sells its good in both the United States and the United Kingdom. If two markets have the same demand function (i.e. the same elasticity of demand at every price), a monopolist will not practice price discrimination and will set the same price in both markets.

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Q: 1

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A: The dominant strategy is the best course of action irrespective of other players strategies.

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A:

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Q: how does globalization give a country a competitive edge?

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