The Table Given Below Shows the Price, Marginal Revenue and Marginal

Multiple Choice

The table given below shows the price, marginal revenue and marginal cost of a monopolist at different levels of the output. The firm does not incur a fixed cost of production.Table 11.4

-Which of the following is true of a firm that can successfully practice price discrimination?

A) Its total revenue is often reduced.
B) It appropriates a part of the consumer surplus.
C) It has no way of distinguishing between types of customers.
D) It has no market power in the industry.
E) It must be a perfectly competitive firm.