Monopolists are able to price discriminate because
A) they have constant marginal cost.
B) of differing willingness to pay among consumers.
C) of differing price elasticities of supply.
D) they have constant average cost.

Question

Quizplus · Accepted Answer

Monopolists can price discriminate due to varying willingness to pay among different consumers, allowing them to charge different prices for the same product based on the consumer's perceived value or demand elasticity.

Monopolists Are Able to Price Discriminate Because