For the Companies That Are Able to Engage in Price

question 120

Multiple Choice

For the companies that are able to engage in price discrimination,the practice

• A) is profitable.
• B) increases the welfare of consumers.
• C) is sometimes inefficient for the market.
• D) is difficult to maintain over the long run.
• E) decreases the welfare of producers.

---

Definitions:

Organic Litter

Decomposed or decomposing organic matter found on the surface of the soil, originating from dead plants and animals.

Casparian Strip

A waterproof barrier located in the cell walls of the endodermis of plant roots, controlling the flow of water and nutrients from the soil into the vascular system of the plant.

Endoderm

Innermost tissue layer of an animal embryo.

Transpiration

How plants transport moisture from their roots to small holes located on the leaf undersides, converting to vapor and then releasing it into the atmosphere.