A monopolist with price discrimination will ( ) A: get lower profit than if the firm charged a single, profit-maximizing price. B: get higher welfare surplus than if the firm charged just one price. C: get higher profit than if the firm charged just one price. D: capture more consumer surplus.

If a monopolist engages in three-degree price discrimination in two segmented markets, but the firm's cost function is the same in both markets, in which market will the firm set a higher price? A: The larger market in terms of market size B: The smaller market in terms of market size C: The market with more elastic demand D: The market with less elastic demand

中国大学MOOC: Price discrimination involves:

In a market with a dominant firm， it makes sense to assume that （ ）。 A: the fringe firms will set the industry price and the dominant firm will take that price as given. B: none of the above C: the dominant firm will set the industry price and the fringe firms will take that price as given. D: the dominant firm will set the industry price and the fringe firms will also make their price.

For price discrimination to work ________. A: the market must be segmentable and the segments must show similar intensities of demand B: members in the lower-price segment must be able to resell the product to the higher-price segment C: competitors must be able to undersell the firm in the higher-price segment D: the practice must not breed customer resentment and ill will E: the extra revenue derived from price discrimination must not exceed the cost of segmenting and policing the market