What Is the Result When a Monopolist Is Able to Price-Discriminate

question 21

Multiple Choice

What is the result when a monopolist is able to price-discriminate?

• A) Its profits tend to fall and its output tends to increase.
• B) Both its profits and output tend to increase.
• C) Its profits tend to increase and its output tends to fall.
• D) Both its profits and output tend to decrease.

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A service or system designed to minimize the time taken to place and receive an order.