Which of the following statements is false?
A)The perfectly competitive firm and the perfectly price-discriminating monopolist both exhibit resource-allocative efficiency.
B)The perfectly competitive firm, unlike the single-price monopolist, exhibits resource-allocative efficiency.
C)The perfectly competitive firm charges the same price for each unit of the good it sells.
D)The perfectly price-discriminating monopolist charges the same price for each unit of the good it sells.

Question

Quizplus · Accepted Answer

The perfectly price-discriminating monopolist does not charge the same price for each unit of the good it sells. Instead, it charges the maximum price that each consumer is willing to pay for each unit, thus prices vary among consumers and possibly across units.

Which of the Following Statements Is False