Why doesn't a firm price discriminate based on income levels?
A) It would be nearly impossible to conveniently confirm any individual's income level.
B) It is illegal to ask someone their income levels.
C) It is immoral to price discriminate based on income levels.
D) They do: It is common practice for firms to price discriminate based on income.
Correct Answer:
Verified
Q42: Individual price discrimination is used when
A)firms are
Q49: A firm engaging in group price discrimination
A)divides
Q50: Unlike perfect price discrimination, group price discrimination
Q52: A firm practicing group price discrimination across
Q55: Which of the following helps a monopoly
Q56: A firm practicing group price discrimination that
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