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A Price-Discriminating Monopoly Is a Monopoly That

Question 349

Multiple Choice

A price-discriminating monopoly is a monopoly that


A) sells its output at a single price to all of its customers.
B) sells different units of a good or service at different prices.
C) has control over the resources used to produce the product.
D) has a license to sell the product.
E) illegally charges different customers different prices for the good it produces.

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