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A Price-Discriminating Monopolist Will Tend to Charge a Higher Price

Question 97

Multiple Choice

A price-discriminating monopolist will tend to charge a higher price to senior citizens if it believes that senior citizens:


A) have a more elastic demand than other customers.
B) have a more inelastic demand than other customers.
C) have a higher marginal propensity to consume than others.
D) have a higher purchasing power than other consumers.
E) have the same willingness to pay as the other customers of the product.

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