If a monopolist can perfectly price discriminate, it will
A) charge the same price for each unit sold.
B) produce until price elasticity of demand equals one.
C) not be concerned with the market demand.
D) charge a different price for every unit sold.

Question

Quizplus · Accepted Answer

A monopolist that can perfectly price discriminate charges each consumer the maximum price they are willing to pay for each unit, resulting in different prices for each unit sold.

If a Monopolist Can Perfectly Price Discriminate, It Will