Price Discrimination

question 98

Multiple Choice

Price discrimination

• A)forces monopolies to charge a lower price as a result of government regulation.
• B)is an attempt by a monopoly to prevent some customers from purchasing its product by charging a high price.
• C)is an attempt by a monopoly to increases its profit by selling the same good to different customers at different prices.
• D)increases the consumer surplus associated with a monopolistic market.

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Definitions:

New Deal Reforms

A series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States during the 1930s aimed at restoring prosperity and helping Americans during the Great Depression.

Roosevelt's Key Administrators

The primary officials selected by President Franklin D. Roosevelt to oversee various departments and agencies during his tenure.

UAW Sit-down Strikes

A form of protest in the 1930s by members of the United Auto Workers where workers occupied factories and halted production.

New Deal Reforms

A series of programs and policies implemented by President Franklin D. Roosevelt in the 1930s aimed at recovery from the Great Depression, including economic relief and social security measures.