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

-To practice price discrimination, a firm:

A) must face a relatively elastic demand curve.
B) must have customers with different elasticities of demand.
C) must not be able to distinguish between customers based on elasticities of demand.
D) must not be able to prevent resale of the product.
E) must be a price taker.