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Suppose a Monopolist Cannot Price Discriminate

Question 26

Multiple Choice

Suppose a monopolist cannot price discriminate.To maximize profit, it will


A) always produce in the inelastic range of its demand curve
B) never produce in the elastic range of its demand curve
C) never produce in the inelastic range of its demand curve
D) never produce in the elastic range of its marginal cost curve
E) produce in the elastic range of the marginal revenue curve

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