Multiple Choice
Why would a monopolist sort customers by age or separate customers in time?
A) to prevent those who pay the lower price from reselling the product to those paying the higher price
B) to indicate that the firm is a price maker and has market power
C) to make sure there are at least two groups of consumers for the product
D) to ensure that the firm can charge each group a different price for essentially the same product
E) to meet legal requirements
Correct Answer:
Verified
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