Respuesta :

A monopolist who cannot price discriminate will sell their product at a price that is greater than marginal cost

What takes place when a monopoly is unable to discriminate on price?

Since the monopolist cannot price discriminate because she must charge the same price to all customers, she must lower the price of every product she could have sold at a higher price in order to sell more. This is true not only for the last product she wants to sell, but also for all of the products she could have sold at a higher price.

When can a monopolist set prices differently?

A company that is able to sell different quantities of a product or service at different prices is known as a price-discriminating monopoly. For the same trip, different airlines offer different prices. The firm's demand curve corresponds to the market demand curve in a monopoly because there is only one firm. The price divided by the number of units sold.

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