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

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 produce more output compared to a single-price monopolist.

A Price Discriminating Monopolist