Refer to the scenario above. Using 2012 as the base year, what is the real GDP of the economy in 2012?

If a marginal cost pricing rule is imposed on the natural monopoly in the figure above, then the price will be

A) $2. B) $4. C) $5. D) $6.

Economists consider price discrimination to always be undesirable

a. True b. False Indicate whether the statement is true or false