Match each term to the correct definition. Question 6 options: 3 Monopolist Perfect competition Fixed costs Price discrimination Variable costs 1. Occurs when firms charge different prices to consumers with different price elasticities of demand. 2. When one firm constitutes the entire industry, and the product it sells has no close substitutes. 3. A type of market structure where neither the firm nor the buyer can affect the selling price. 4. Costs that will change as more output is produced. 5. Costs that will not change as more output is produced