An Ordinary Price Discrimination Monopolist That Also Has to Decide

question 84

Multiple Choice

An ordinary price discrimination monopolist that also has to decide on the production level would choose the quantities sold in the two markets so that:

• A)the revenue is maximized.
• B)consumer would not notice the difference.
• C)the marginal costs in the two markets are equal.
• D)the aggregate output is such that aggregate marginal revenue equals marginal cost.

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A fundamental law outlining the principles of governance, the structure of government, and the rights of citizens within a country.

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Unfair or prejudicial treatment of individuals or groups based on characteristics such as race, gender, age, or sexual orientation.