Question:
A price discriminating Monopolist is considered more efficient than a single pricesmonopolist because:
| A. |
a price discriminating Monopolist knows its consumers better |
B. |
a price discriminating Monopolist can set prices more efficiently |
C. |
a price discriminating Monopolist produces a higher level of output |
D. |
a price discriminating Monopolist can produce it’s output at a lower cost |
Answer» c. a price discriminating Monopolist produces a higher level of output |
Note: |
The above multiple-choice question is for all general and Competitive Exams in India. |