A price- discriminating monopolist
A) produces more output than that produced by a single- price monopolist.
B) makes zero economic profit in the long run.
C) makes a smaller economic profit than that earned by the single- price monopolist.
D) has a lower marginal cost than that incurred by a single- price monopolist.

Question

Quizplus · Accepted Answer

A price-discriminating monopolist can charge different prices to different consumers based on their willingness to pay, allowing them to capture more consumer surplus and increase output compared to a single-price monopolist who charges the same price to all consumers.

A Price- Discriminating Monopolist