Multiple Choice
How can a monopolist get different consumers to purchase different bundles on a menu (such as different sizes of coffee cups) ,and thereby achieve a form of price discrimination,even if the firm cannot observe the consumers' valuations directly?
A) different types of consumers have different tradeoffs between money and amounts of the good.
B) the monopolist can separate the types into different markets.
C) social norms are powerful deterrents to lying about one's type.
D) this is impossible: if one bundle is preferred by one type, logically it will be preferred by all.
Correct Answer:

Verified
Correct Answer:
Verified
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