A price discriminating Monopolist is considered more efficient than a single prices monopolist because:

Related MCQs

• If the demand facing a monopolist is P = 100 − 10Q and marginal cost is constant at 20, then the profit maximizing price and quantity for this monopolist are:
• In the short run, a monopolist will shut down if it is producing a level of output where marginal revenue is equal to short-run marginal cost and price is:
• At a price of Rs11.00, quantity demanded is 90; and at a price of Rs.9.00, quantity demanded is 110. The price elasticity of demand is:
• P = a – bQ is the demand cure of a monopolist. Which of the following statements is true?
• If the demand curve for a monopolist is P = 100 -20Q, then the marginal revenue of that firm is given by the equation:
• The Price elasticity of demand for a product is 1.5 and its MR = 8, find its price:
• A perfectly competitive firm should reduce output or shut down in the short run if market price is equal to marginal cost and price is:
• If your income doubles and the prices of the goods you buy double, then your demand for these goods will likely ________
• if the model has more than one equation, the model is called
• If we are studying the dependence of a variable on more than one explanatory variable, the analysis is called