In the real world:
A) businesses can easily identify different groups' willingness to pay, so price discrimination is prevalent in every market.
B) price discrimination is practiced less today than it was in the mid-1900s.
C) perfect price discrimination is impossible.
D) price discrimination has only been observed where monopolies are present.
Correct Answer:
Verified
Q123: The loss of the profit motive by
Q130: When government agencies become privatized:
A)they are sold
Q139: When a government splits a natural monopoly
Q141: Price discrimination is:
A)the practice of charging customers
Q142: Perfect price discrimination:
A) requires each customer to
Q143: In the real world,price discrimination is more
Q144: Perfect price discrimination:
A) eliminates all consumer surplus.
B)
Q145: The practice of charging customers different prices
Q146: Price discrimination:
A) can benefit consumers with a
Q148: Price discrimination exists:
A)only in perfectly competitive markets.
B)because
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