If the monopolist can discriminate between buyers, then it is optimal to charge:
A) a higher price to the buyers with high elasticity of demand, and a lower price to the buyers with low elasticity of demand.
B) a lower price to all buyers.
C) a higher price to all buyers.
D) a lower price to the buyers with high elasticity of demand, and a higher price to the buyers with low elasticity of demand.
Correct Answer:
Verified
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