Multiple Choice
An ordinary price discrimination monopolist that serves two markets and can produce any level of output that it desires will maximize profits by:
A) producing at the minimum of each market's AC function.
B) producing output where the horizontal sum of the MR curve meets AC.
C) producing where MR = MC in each market.
D) charging a price equal to MR in each market.
Correct Answer:

Verified
Correct Answer:
Verified
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