A Monopolist Is Able to Practice Third-Degree Price Discrimination Between

Multiple Choice

A monopolist is able to practice third-degree price discrimination between two markets.The demand function in the first market is q = 500 - 2p and the demand function in the second market is q = 1,500 - 6p.To maximize his profits, he should

A) charge a higher price in the second market than in the first.
B) charge a higher price in the first market than in the second.
C) charge the same price in both markets.
D) sell only in one of the two markets.
E) None of the above.