In many areas of the country,electricity customers pay a set per unit price for each of the first X kilowatts and a lower per unit price for any additional kilowatts of electricity consumed in a month.This is an illustration of second-degree price discrimination.

Question

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This statement accurately describes second-degree price discrimination, where customers are charged different prices based on the quantity consumed, with a lower per unit price for larger quantities.

In Many Areas of the Country,electricity Customers Pay a Set