Multiple Choice
If the monopolist faces identical demand for his commodity in the two separate markets, by practicing third degree price discrimination
A) will increase his tr and total profit
B) can increase his tr and profit
C) cannot increase his tr and profit
D) will charge different prices in different market
Correct Answer:

Verified
Correct Answer:
Verified
Q1: 'Cartels' are example for<br>A)collusive oligopoly<br>B)non-collusive oligopoly<br>C)monopsony<br>D)none of
Q2: Under monopoly, the equilibrium price is<br>A)equal to
Q3: The concept of 'Kinked demand curve' is
Q5: A firm practicing price discrimination will be<br>A)changing
Q6: Who introduced various types of price discrimination<br>A)alfred
Q7: Discriminating monopoly is possible if two markets
Q8: 'Group behavior' is a feature of<br>A)monopoly<br>B)oligopoly<br>C)perfect competition<br>D)monopolistic
Q9: The best level of output for the
Q10: Price leadership can be in the form
Q11: A discrimination monopolist charges in a market<br>A)lower