Which is not true of price discrimination?
A) It exists when price differences depend critically on different buyers' evaluations of a product.
B) Successful price discrimination will provide the firm with more profit than if it does not discriminate.
C) Successful price discrimination implies that the producer can separate customers into easily identifiable groups.
D) Successful price discrimination will generally result in a lower level of output than would be the case under a single-price monopoly.

Question

Quizplus · Accepted Answer

Successful price discrimination typically results in a higher level of output compared to a single-price monopoly, as the firm can sell more units by charging different prices to different consumer groups.

Which Is Not True of Price Discrimination