Which of the Following Is NOT Necessary in Order for a Monopolist

question 247

Multiple Choice

Which of the following is NOT necessary in order for a monopolist to practice effective price discrimination?

• A) The marginal cost of providing the same good to different groups of buyers must be different.
• B) The monopolist must be able to segregate its market into different submarkets.
• C) The buyers in various markets must face different price elasticities of demand.
• D) The monopolist must have a downward sloping demand curve.