The monopoly that does not practice price discrimination
A)is a firm with a marginal revenue curve with a slope of zero
B)is a price taker
C)charges the same price for every unit of output it sells
D)operates in a market where all firms charge the same price
E)is always profitable in the short run

Question

Quizplus · Accepted Answer

A monopoly that does not practice price discrimination charges the same price for every unit of output it sells. This is because it can sell only at the market price, as it has no ability to segment the market and charge different prices to different groups of consumers.

The Monopoly That Does Not Practice Price Discrimination