If a Monopoly Can Perfectly Price Discriminate,then Its Marginal Revenue

question 10

Multiple Choice

If a monopoly can perfectly price discriminate,then its marginal revenue curve will be

• A) the same as its demand curve.
• B) the same as its supply curve.
• C) the same as its marginal cost curve.
• D) a vertical line at the profit-maximizing quantity of output.
• E) undefined because it does not exist.

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Definitions:

Celsius

A scale and unit of measurement for temperature where 0 degrees represents the freezing point and 100 degrees the boiling point of water at sea level.

Fahrenheit

A scale of temperature on which water freezes at 32 degrees and boils at 212 degrees under standard conditions.

Celsius

A scale and unit of measurement for temperature where 0° represents the freezing point of water, and 100° represents the boiling point at sea level.

Body Mass Index

A numerical value derived from a person’s weight and height, used to classify underweight, normal weight, overweight, and obesity.