Price discrimination cannot be practiced if consumers are able to resell the product.
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Q11: Demonstrate graphically and explain verbally the concept
Q101: The term "marginal" means the difference between
Q102: Q103: Define the following: a)utility b)marginal utility c)the Q104: Price discrimination is the practice of charging Q105: What conditions must exist in order for Q107: Explain what is meant by the term Q108: The consumer surplus derived from products that Q109: It is the marginal utility of the Q111: Utility is defined as the satisfaction or
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