Which of the Following Conditions Will Allow a Monopolist to Charge

question 86

Multiple Choice

Which of the following conditions will allow a monopolist to charge different prices in different markets?

• A)Having the ability to prevent resale of its product
• B)Incurring a constant marginal cost of producing output
• C)Catering to a different number of consumers in each market
• D)Facing a positively sloped marginal revenue curve

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Definitions:

Morula

is an early stage in embryonic development, a solid ball of cells resulting from the division of a fertilized ovum.

Zygote

The cell that is formed from the union of the egg and sperm.

Mesoderm

The middle layer of an embryo in early development, which gives rise to muscles, bones, and other connective tissues.

Ectoderm

The outermost layer of cells or tissue of an embryo in early development, giving rise to the outer layer of skin and nervous system.