Which of the following can eliminate the inefficiency inherent in monopoly pricing?
A)arbitrage
B)price discrimination
C)cost-plus pricing
D)regulation

Question

Quizplus · Accepted Answer

Price discrimination can eliminate the inefficiency inherent in monopoly pricing by allowing the monopolist to charge different prices to different groups of consumers based on their willingness to pay. This allows the monopolist to capture more of the consumer surplus and potentially increase overall welfare.

Which of the Following Can Eliminate the Inefficiency Inherent in Monopoly