If a Firm Practises Perfect Price Discrimination

question 3

Multiple Choice

If a firm practises perfect price discrimination,

• A)its marginal cost curve is horizontal.
• B)it will maximize total revenue.
• C)it does not produce the quantity at which marginal revenue equals marginal cost.
• D)it will produce the quantity at which the marginal revenue curve intersects the average total cost curve.
• E)it will produce the quantity at which the marginal cost curve intersects the demand curve.

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