Question

Which type of market would have an equilibrium pictured above? Price Discriminating Monopoly Perfect Competition Single Price Monopoly

Answer 1

It may be mentioned that this type of structureis present in perfect competition because the equilibrium is when the demand equal supply and this is shown in the figure above but monopoly what happens is that the quantity is less than that of equilibrium quantity and in a price discriminating Monopoly there would be no consumer surplus existing and that's why

(B) Perfect Competition is the answer to this question

Because it is explained about that why monopoly and price discriminating monopoly do not have the given equilibrium

(A,C) are wrong