What condition must exist for a monopolist to effectively price ...

[Mr3Hunna]

What condition must exist for a monopolist to effectively price discriminate?
 
  A) The monopolist must face consumers with identical willingness to pay.
  B) The monopolist must produce a good or service that can be resold.
  C) The monopolist must produce a good that cannot be resold.
  D) The monopolist must charge the highest price possible.

Question 2

A sales tax on sellers of a good shifts the supply curve leftward because the tax is like a cost of production.
 
  Indicate whether the statement is true or false

[jxjsniuniu]

Answer to Question 1

C

Answer to Question 2

TRUE