When a monopolist practices price discrimination,compared with a single-price monopolist,monopoly profits will:

A) remain the same.
B) increase.
C) decrease.
D) increase initially and then return to their original level.

Price Discrimination

The approach of pricing the identical product variably for different consumer segments, according to their readiness to spend.

Monopoly Profits

Extraordinary profits earned by a monopoly due to its unique position of having no competition in providing its goods or services, allowing it to set higher prices.

Single-Price Monopolist

Refers to a monopolist who charges all consumers the same price for its product, rather than price discriminating among different consumer groups.