Respuesta :
Monopoly profit will decrease when a monopolist goes from single-price monopoly to perfect price discrimination.
What is a monopoly?
A scenario known as monopoly occurs when there is only one seller in the market. The monopoly case is viewed as the polar opposite of perfect competition in conventional economic analysis. The industry's downward-sloping demand curve is, by definition, the demand curve that the monopolist faces. A company with a monopoly is one where its product is sold exclusively and there are no close substitutes. Unrestrained monopolies have the ability to set prices and exercise market power. Examples include Microsoft and Windows, DeBeers and diamonds, and your neighbourhood gas provider. The use of intellectual property rights, the acquisition of rival businesses, or the hoarding of a limited supply are a few examples of techniques to monopolise the market. The government giving a business exclusive rights is the simplest method for it to turn into a monopoly.
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