Firms price discriminate
A)to reduce the quantity sold so as to reduce production costs.
B)to increase profits.
C)to take advantage of customers.
D)to increase total economic surplus.

Name: Firms price discriminate A)to reduce the quantity sold so as to reduce production costs. B)to increase profits. C)to take advantage of customers. D)to increase total economic surplus.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Firms price discriminate to increase profits by charging different prices to different customers for the same product or service.

Firms Price Discriminate