When a Monopolist Can Perfectly Price Discriminate, It Follows That

question 11

Multiple Choice

When a monopolist can perfectly price discriminate, it follows that

• A)price is greater than marginal revenue.
• B)price is less than marginal cost at the quantity of output it chooses to produce.
• C)the monopolist is resource-allocative efficient.
• D)its demand curve lies above its marginal revenue curve.

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