A Perfectly Price-Discriminating Monopolist

question 34

Multiple Choice

A perfectly price-discriminating monopolist:

• A)restricts output more than an ordinary monopolist does.
• B)sells the last unit of output where price equals marginal cost.
• C)charges all consumers the same price but sells different quantities to each.
• D)obtains less producer surplus than does an non-price discriminating monopolist.

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