A perfect price-discriminating monopolist will
a. leave no consumer surplus for his customer.
b. produce where MC = MR.
c. produce the amount that is larger than a non-price discriminator.
d. do all the above.
Answer: d. do all the above.
A perfect price-discriminating monopolist will
a. leave no consumer surplus for his customer.
b. produce where MC = MR.
c. produce the amount that is larger than a non-price discriminator.
d. do all the above.
Answer: d. do all the above.