-Refer to the graph above.If this monopolist applies perfect price discrimination,the demand curve shown on the figure is also the
A) marginal cost curve.
B) total cost curve.
C) long-run average cost curve.
D) marginal revenue curve.
E) total revenue curve.

Question

-Refer to the graph above.If this monopolist applies perfect price discrimination,the demand curve shown on the figure is also the
A) marginal cost curve. 
B) total cost curve. 
C) long-run average cost curve. 
D) marginal revenue curve. 
E) total revenue curve.

Quizplus · Accepted Answer

In perfect price discrimination, the monopolist charges each consumer their maximum willingness to pay, making the demand curve also the marginal revenue curve.

-Refer to the Graph Above