Multiple Choice
The following table shows the marginal revenues earned by a price discriminating monopolist in two different markets.Table 11.5
-When practicing price discrimination, a firm can increase its revenue by:
A) charging a higher price to the customers with a more inelastic demand.
B) charging a higher price to the customers with a perfectly elastic demand.
C) supplying more in a market with a more inelastic demand.
D) supplying less in a market with lower elasticity of demand.
E) charging a lower price in a market dominated by wealthy consumers.
Correct Answer:

Verified
Correct Answer:
Verified
Q21: The figure given below shows the cost
Q22: The figure given below shows the cost
Q23: The figure given below shows the aggregate
Q24: The table given below shows the price
Q25: The figure given below shows the aggregate
Q27: The table given below shows the price,
Q28: The figure given below shows the cost
Q29: The figure given below shows the aggregate
Q30: The table given below shows the price,
Q31: The following table shows the marginal revenues