Price discrimination by a monopolist is less effective if the
A) good can be resold.
B) good has no substitutes.
C) monopolist can identify buyers by willingness to pay.
D) good cannot be resold.

Question

Quizplus · Accepted Answer

If the good can be resold, consumers who purchase it at a lower price can sell it to others, undermining the monopolist's ability to charge different prices to different consumers.

Price Discrimination by a Monopolist Is Less Effective If the