A Monopolist Practicing Second-Degree Price Discrimination and Facing a Constant

question 25

Multiple Choice

A monopolist practicing second-degree price discrimination and facing a constant marginal cost:

• A)should charge a higher price to the market segment that has the more elastic demand.
• B)sets the price schedule according to the number of units purchased by the consumers.
• C)need not worry about preventing resale of the product.
• D)will supply more output than a perfectly price discriminating monopolist.

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