Third-Degree Price Discrimination Occurs When a Monopoly

Multiple Choice

Third-degree price discrimination occurs when a monopoly

A) separates its customers into distinct markets,charging a different price to each group.
B) charges different prices for the same good sold to the same customer.
C) requires the consumer to pay a separate fee simply for the right to purchase the good.
D) charges each customer the maximum that he is willing to pay for each item purchased.