For a non-price discriminating monopolist to sell more units of output,
A) the price must be increased.
B) the price must be reduced.
C) demand must become more elastic.
D) the other competing firms must sell fewer units.

Question

Quizplus · Accepted Answer

For a non-price discriminating monopolist to sell more units of output, the price must be reduced. This is because a higher price will cause demand to decrease, resulting in lower sales. By reducing the price, the monopolist can attract more customers and increase sales.

For a Non-Price Discriminating Monopolist to Sell More Units of Output