Which of the follow statements about price discrimination is not true?
A) Price discrimination increases a monopolist's profits.
B) Price discrimination can raise economic welfare.
C) Price discrimination requires that the seller be able to separate buyers according to their willingness to pay.
D) Perfect price discrimination generates a deadweight loss.
E) For a monopolist to engage in price discrimination, buyers must be unable to engage in arbitrage.
Correct Answer:
Verified
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