wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Discriminating monopoly implies that the monopolist charges different prices for his commodity ___________________.

A
from different groups of consumers
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
for different uses
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
at different places
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
any of the above
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is D any of the above
Discriminating monopoly implies that the monopolist in a monopoly market charges different prices for its commodity from different groups of consumers either for different uses or at different places.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Items Excluded in GDP
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon