The figure below shows the cost and revenue curves faced by a profit-maximizing monopolist.

If the monopolist engages in perfect price discrimination,the price of the monopolist's good will _____
A)vary between $212 and $120.
B)vary between $212 and $104.
C)be $136 for all units.
D)be $110 for all units.
E)be $104 for all units.

Question

The figure below shows the cost and revenue curves faced by a profit-maximizing monopolist.

If the monopolist engages in perfect price discrimination,the price of the monopolist's good will _____
A)vary between $212 and $120. 
B)vary between $212 and $104. 
C)be $136 for all units. 
D)be $110 for all units. 
E)be $104 for all units.

Quizplus · Accepted Answer

The Answer of The figure below shows the cost and revenue curves faced by a profit-maximizing monopolist.

If the monopolist engages in perfect price discrimination,the price of the monopolist's good will _____
A)vary between $212 and $120. 
B)vary between $212 and $104. 
C)be $136 for all units. 
D)be $110 for all units. 
E)be $104 for all units.

The Figure Below Shows the Cost and Revenue Curves Faced