A single-price monopoly _______. A. experiences economies of scale over the relative portion of the LRAC curve B. is a price t

Question

3 years ago

15

aker C. can sell a larger quantity only by setting a lower price D. is a collection of many firms that sell identical goods for the same price

2 answers:

Alla [95] · Answer 1 · 2022-09-01T02:16:10+03:00

Answer:

B. is a price taker

Explanation:

A single-price monopoly can be described as a monopolist that must sell to all its customers at the same price each unit of its product.

A single-price monopolist is different from a price-discriminating monopoly that can different unit of its output at different prices.

Therefore, a single-price monopoly is a price taker because it has no power to price discriminate.

Allisa [31] · Answer 2 · 2022-09-01T00:06:12+03:00

4 0

Answer:

C

Explanation:

Because he can not price discriminate

A​ single-price monopoly​ _______. A. experiences economies of scale over the relative portion of the LRAC curve B. is a price t