Which one of the following statements about a monopolist exercising “perfect” price discrimination must be untrue?
A. The firm is able to charge customers the maximum amounts they are willing to pay.
B. The firm is able to prevent resale of the good or service.
C. The demand curve facing the firm is the same as its marginal revenue curve.
D. The monopolist’s average revenue is greater than marginal revenue for all quantities greater than zero.
E. None of the statements in A—D are untrue.