Which of the Following Is True of a Price-Discriminating Monopolist

Multiple Choice

Which of the following is true of a price-discriminating monopolist who is selling output in two distinct markets?

A) Price will be higher in the market in which demand is unit-elastic.
B) Price will be lower in the market in which demand is more elastic.
C) Price will be equal in each market,as long as there is a constant marginal cost.
D) Price will be lower in the market for which there are fewer substitute goods.