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Exhibit 24-6 -Refer to Exhibit 24-6.Let C Be the Demand Curve Facing

Question 59

Multiple Choice

Exhibit 24-6
Exhibit 24-6 -Refer to Exhibit 24-6.Let C be the demand curve facing a perfectly price-discriminating monopolist and P<sub>0</sub> the price it charges for the last unit of X it sells.The marginal cost of the last unit A) is less than P<sub>0</sub>. B) equals P<sub>0</sub>. C) is greater than P<sub>0</sub>. D) could be any of the above, depending on the shape of the marginal cost curve.
-Refer to Exhibit 24-6.Let C be the demand curve facing a perfectly price-discriminating monopolist and P0 the price it charges for the last unit of X it sells.The marginal cost of the last unit


A) is less than P0.
B) equals P0.
C) is greater than P0.
D) could be any of the above, depending on the shape of the marginal cost curve.

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