Module 63 Featured Worksheet Price Discrimination What is the major reason rms price discriminate? What is the term used to describe charging the same consumer a different price for a product or service at different times? What can you say about demand for #2? When is a change in price for the same product not considered price discrimination? The price-discriminating monopolist differs from the single-price monopolist in several ways. State the difference in the relationship between the demand and marginal revenue curves for both. Explain. State Where price is located for both the single-price and price-discriminating monopolist. Explain. Who earns greater prot the single-price monopolist or the price-discriminating monopolist? Who produces a smaller amount of output the single-price monopolist or the price- discriminating monopolist? What can you say about the price-discriminating monopolist and his relation to allocative efficiency