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A​ single-price monopoly​ _______. A. experiences economies of scale over the relative portion of the LRAC curve B. is a price taker C. can sell a larger quantity only by setting a lower price D. is a collection of many firms that sell identical goods for the same price

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Answer:

C

Explanation:

Because he can not price discriminate

Answer:

B. is a price taker

Explanation:

A single-price monopoly can be described as a monopolist that must sell to all its customers at the same price each unit of its product.

A single-price monopolist is different from a price-discriminating monopoly that can different unit of its output at different prices.

Therefore, a single-price monopoly is a price taker because it has no power to price discriminate.

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