prices optimally to maximize their profits in the retail market, this would seem to be .... the retail price at p", earning a monopoly profit which is paid to M through T.
DISCUSSION PAPERS IN ECONOMICS Working Paper No. 99-06 Oligopoly Price Discrimination and Resale Price Maintenance
Yongmin Chen Department of Economics, University of Colorado at Boulder Boulder, Colorado
March 1999
Center for Economic Analysis Department of Economics
