A monopoly that sells every unit of its output at the same price is a _______.
A) natural monopoly
B) legal monopoly
C) unit- price monopoly
D) single- price monopoly

Question

Quizplus · Accepted Answer

A single-price monopoly is a market structure where the firm charges the same price for every unit of output sold, unlike in price discrimination where different prices are charged for different units.

A Monopoly That Sells Every Unit of Its Output at the Same