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Which of the Following Statements About Price Discrimination Is Correct

Question 146

Multiple Choice

Which of the following statements about price discrimination is correct?


A) Price discrimination is always more profitable than charging a single price.
B) A price discriminator would want to charge the highest price to those customers with the most elastic demand for his product.
C) To be successful, a price discriminator must assure that items can be resold between high- and low-price groups.
D) To maximize profit, a price discriminator distinguishes groups with different demands and charges higher prices to those with the more inelastic demand.

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