With No Price Discrimination, the Monopolist Sells Every Unit at the Same

question 66

Multiple Choice

With no price discrimination, the monopolist sells every unit at the same price. Therefore

• A) marginal revenue is equal to price.
• B) marginal revenue is equal to average revenue.
• C) price is greater than marginal revenue.
• D) Both a and b are correct.

---

Definitions:

Lung Cancer

A type of cancer that begins in the lungs, frequently associated with smoking and exposure to harmful substances like asbestos.

Impaired Learning

a condition or situation in which an individual has difficulty acquiring knowledge or skills to the same level as others.

Endorphins

Natural pain-relieving chemicals produced by the body that also contribute to feelings of pleasure and well-being.

Opiates

A class of drugs derived from opium that have potent pain-relieving properties and can lead to addiction.