The Perfectly Discriminating Monopolist Will Produce the

question 33

Multiple Choice

The perfectly discriminating monopolist will produce the

• A) quantity at which average cost exceeds marginal revenue.
• B) quantity at which marginal cost equals average cost.
• C) quantity at which marginal revenue equals marginal cost.
• D) quantity and price which is not necessarily profit-maximizing but in the ?best interest of society at large, even if it means loss.