1. Demand in a market is found to be inelastic. Is the market necessarily an antitrust market?
2. Suppose there are two regions, A and B. Transportation costs for a product between the two regions is t . If pB + t > p A , price correlations would suggest that the two regions are not part of the same market. Is this necessarily true? If p A + t > pB , is A an antitrust market?