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When a Monopolist Can Perfectly Price Discriminate, It Follows That

Question 11

Multiple Choice

When a monopolist can perfectly price discriminate, it follows that


A) price is greater than marginal revenue.
B) price is less than marginal cost at the quantity of output it chooses to produce.
C) the monopolist is resource-allocative efficient.
D) its demand curve lies above its marginal revenue curve.

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