Generally, a firm that practices price discrimination does so to:
A)increase profits.
B)expand plant size.
C)lower total costs.
D)reduce marginal costs.

Question

Quizplus · Accepted Answer

Price discrimination allows a firm to charge different prices to different customers based on their willingness to pay. By doing so, the firm can increase its total revenue and therefore, increase profits.

Generally, a Firm That Practices Price Discrimination Does So To