Exhibit 24-6 -Refer to Exhibit 24-6.Let C Be the Demand Curve Facing

question 59

Multiple Choice

Exhibit 24-6

-Refer to Exhibit 24-6.Let C be the demand curve facing a perfectly price-discriminating monopolist and P₀ the price it charges for the last unit of X it sells.The marginal cost of the last unit

• A) is less than P₀.
• B) equals P₀.
• C) is greater than P₀.
• D) could be any of the above, depending on the shape of the marginal cost curve.

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