Successful price discrimination requires that:
A) buyers with inelastic demand be charged higher prices than buyers with elastic demand.
B) buyers with inelastic demand be charged lower prices than buyers with elastic demand.
C) all buyers be charged the same price regardless of their elasticity of demand.
D) all buyers have the same price elasticity of demand.
Correct Answer:
Verified
Q90: Price discrimination is
A) always legal.
B) always illegal.
C)
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A) Successful
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A)
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