For a perfect-price-discriminating monopoly, the marginal revenue curve

Name: For a perfect-price-discriminating monopoly, the marginal revenue curve
Brand: Quizplus
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Question

Quizplus · Accepted Answer

For a perfect-price-discriminating monopoly, the marginal revenue for each unit sold is equal to the price that the consumer is willing to pay for that unit. Since the monopoly is able to charge each consumer their maximum willingness to pay, the demand curve is effectively the marginal revenue curve. Therefore, the answer is B.

For a Perfect-Price-Discriminating Monopoly, the Marginal Revenue Curve