Multiple Choice
Use the figure below to answer the following questions. 
Figure 12.4.2
-Refer to Figure 12.4.2.Assume this monopoly practises perfect price discrimination.Choose the correct statement.
A) The monopoly's behaviour is illegal.
B) One price is charged to young people and a different price to older people.
C) A different price can be charged to each buyer.
D) Price rises as the number of buyers increases.
E) The quantity sold is smaller than the quantity sold by a single-price monopoly.
Correct Answer:
Verified
Correct Answer:
Verified
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