=+1. True or false? Explain your answer. a. A single-price monopolist sells to some customers that a

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=+1. True or false? Explain your answer.

a. A single-price monopolist sells to some customers that a price-discriminating monopolist refuses to.

b. Aprice-discriminating monopolist creates more inefficiency than a single- price monopolist because it captures more of the consumer surplus.

c. Under price discrimination, a customer with highly elastic demand will pay a

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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