A Monopolist Practicing Second-Degree Price Discrimination and Facing a Constant

Multiple Choice

A monopolist practicing second-degree price discrimination and facing a constant marginal cost:

A) should charge a higher price to the market segment that has the more elastic demand.
B) sets the price schedule according to the number of units purchased by the consumers.
C) need not worry about preventing resale of the product.
D) will supply more output than a perfectly price discriminating monopolist.