If a monopolist engages in price discrimination,it will:

A) realize a smaller profit.
B) charge a higher price where individual demand is inelastic and a lower price where individual demand is elastic.
C) produce a smaller output than when it did not discriminate.
D) charge a competitive price to all its customers.

Price Discrimination

A pricing strategy where identical or substantially similar goods or services are sold at different prices by the same provider to different consumers.

Demand Elasticity

An assessment of the sensitivity of demand for a product to shifts in its price.

Monopolist Engages

Refers to actions taken by a monopolistic firm to maintain or enhance its market power, which can include setting prices or limiting supply.