If a Single-Price Monopolist and a Perfectly Price-Discriminating Monopolist Face

question 76

Multiple Choice

If a single-price monopolist and a perfectly price-discriminating monopolist face the same demand and cost curves, then

• A)the single-price monopolist will attain resource-allocative efficiency, but the discriminating monopolist will not.
• B)the single-price monopolist will attain resource-allocative efficiency, but the discriminating monopolist may or may not, depending upon the demand for its product.
• C)the single-price monopolist will not attain resource-allocative efficiency, but the discriminating monopolist will.
• D)both the single-price and the discriminating monopolist will attain resource-allocative efficiency.
• E)neither the single-price nor the discriminating monopolist will attain resource-allocative efficiency.

---

Definitions:

Text Box

A GUI element that allows the user to input text data into a document or form.

ActiveX Control

A component software technology that enables interactive content or multimedia within web pages and software applications.

Command Button

A command button is an interactive element in a graphical user interface that executes a specific function or command when clicked.

ActiveX Control

A framework developed by Microsoft that enables interactive web services and applications to be embedded into web pages or software.