An Ordinary Price- Discriminating Monopolist That Faces a Downward- Sloping

question 73

Multiple Choice

An ordinary price- discriminating monopolist that faces a downward- sloping demand curve in one market and a horizontal demand curve in another market will:

• A)charge the same price in both markets.
• B)sell an aggregate output corresponding to the aggregate marginal revenue equaling marginal cost.
• C)charge p = MR where it has market power, and p = AR in the others.
• D)charge p = MR in both markets.

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Definitions:

DNA Sequences

The precise order of nucleotides (adenine, thymine, cytosine, and guanine) within a portion of a DNA molecule, determining genetic information.

Promoters

DNA sequences located upstream of a gene that initiate transcription by binding RNA polymerase and other necessary transcription factors.

Silencers

DNA sequences that can bind regulatory proteins to inhibit the expression of a gene, thus playing a crucial role in gene regulation.

Upstream Promoter Elements

Regions of DNA located before (upstream of) the coding sequence of a gene that help initiate transcription by providing binding sites for RNA polymerase and transcription factors.