One Benefit of Price Discrimination Is That

question 119

Multiple Choice

One benefit of price discrimination is that

• A) firms are able to provide goods to consumers at a consistent price.
• B) some consumers are able to buy the product at a lower price than would otherwise exist.
• C) all consumers are able to gain monopsony power.
• D) most firms minimize revenue.
• E) it exists only in theory,not in the real world.

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Definitions:

Spain

A country in southwestern Europe known for its diverse heritage, rich history, and cultural contributions, particularly in the arts, cuisine, and architecture.

Financial Authority

An organization that governs and regulates the financial markets, ensuring legality, integrity, and stability.

Bill of Rights

A landmark document or series of amendments in various nations that outlines the fundamental rights and protections of its citizens.

Spanish Princess

A term that can refer to any princess from the Spanish royal family, historically significant in the politics and dynastic marriages of Europe.