Multiple Choice
Given a fixed level of output, an ordinary price discriminating monopolist will:
A) charge different rates for different amounts of a good or service.
B) allocate output to equalize MR on the last unit sold in each market.
C) serve a high price elasticity market first.
D) always sell the quantity at which MR is equal to zero in each market.
Correct Answer:

Verified
Correct Answer:
Verified
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