For the perfectly price-discriminating monopolist, its __________ curve is the same as its __________ curve.
A)marginal cost; average fixed cost
B)average variable cost; average total cost
C)demand; marginal revenue
D)demand; marginal cost
E)marginal revenue; marginal product of labor

Question

Quizplus · Accepted Answer

For a perfectly price-discriminating monopolist, the demand curve is the same as its marginal revenue curve because it can charge each consumer exactly their willingness to pay, thus capturing the entire area under the demand curve as revenue.

For the Perfectly Price-Discriminating Monopolist, Its __________ Curve Is the Same