A discriminating monopolist is the one t

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Target Exam

CUET

Subject

Economics

Chapter

Micro Economics: Non Competitive markets

Question:

A discriminating monopolist is the one that

Options:

Charges different prices for the same commodity in different markets

Charges same prices for the same commodity in different markets

Charges different prices for the different commodities in different markets

None of the above

Correct Answer:

Charges different prices for the same commodity in different markets

Explanation:

Monopolist is the price setter. He can charge different prices for the same commodity from different consumers.