Question: This is known as 'take - it - or - leave - it ' price discrimination, because in negotiating with each buyer, the monopolist charges

This is known as 'take-it-or-leave-it' price discrimination, because in negotiating with each buyer, the monopolist charges nim the maximum price he is willing to pay under the threat of denying the selling of any quantity to him: He offers "Take it" or "Leave It" choice. In this case, the demand curve also becomes the MR curve of the monopolist"
Which kind of price discrimination is mentioned in the above case?
Select the correct response:
Third-degree price discrimination
Inter-temporal price discrimination
First-degree price discrimination

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