Which of the following helps a monopoly perfectly price discriminate?
A)Product demand is known for each consumer.
B)The product is perishable.
C)The product is personalizable.
D)All of the above.

Question

Quizplus · Accepted Answer

For perfect price discrimination, a monopoly needs to know each consumer's demand for the product, and personalized or differentiated products can provide additional information about each consumer's willingness to pay. Also, if the product is perishable, the monopoly can charge a higher price to consumers with a more urgent need for the product.

Which of the Following Helps a Monopoly Perfectly Price Discriminate