Perfect price discrimination exists when a firm sells _________ good at a unique price to _________.

Question

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Perfect price discrimination occurs when a firm sells the same good at a unique price to each customer. This means that the firm is able to charge each customer the maximum amount they are willing to pay, resulting in maximum profits for the firm. This type of pricing strategy is often difficult to implement in real-world markets due to information and transaction costs, but can be seen in some industries such as personalized medicine or customized software.

Perfect Price Discrimination Exists When a Firm Sells _________ Good