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What Is the Result When a Monopolist Is Able to Price-Discriminate

Question 21

Multiple Choice

What is the result when a monopolist is able to price-discriminate?


A) Its profits tend to fall and its output tends to increase.
B) Both its profits and output tend to increase.
C) Its profits tend to increase and its output tends to fall.
D) Both its profits and output tend to decrease.

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