Assertion: monopolist | /r/CapableOf | charge different price
Facets:
value: to every customer
type: TRANSITIVE-OBJECT
value: from the different groups of buyers
type: OTHER
value: under simple monopoly
type: OTHER
Source sentences:
text: Imagine a monopolist could charge a different price to every customer based on how much he or she were willing to pay.
text: Monopolists can sometimes use price discrimination, where they charge different prices on the same product for different consumers.
text: Imagine a monopolist could charge a different price to every customer based on how much he or she were willing to pay.
text: the monopolist knows exactly each customer's willingness to pay and can charge each customer a different price, gets entire surplus
text: Imagine a monopolist could charge a different price to every customer based on how much he or she were willing to pay.
text: Price Discrimination Define Perfect Price Discrimination. describes a situation where a monopolist knows exactly the willingness to pay of each customer and can charge each customer a different price based upon their willingness to pay or elasticity of demand.
text: Under simple monopoly, a monopolist can charge different prices from the different groups of buyers.