An ordinary price- discriminating monopolist that faces a downward- sloping demand curve in one market and a horizontal demand curve in another market will:
A) charge the same price in both markets.
B) sell an aggregate output corresponding to the aggregate marginal revenue equaling marginal cost.
C) charge p = MR where it has market power, and p = AR in the others.
D) charge p = MR in both markets.
Correct Answer:
Verified
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