Which of the Following Would Be an Effective Method for Firms

question 226

Multiple Choice

Which of the following would be an effective method for firms to ensure profit from price discrimination when the possibility of arbitrage exists?

• A) set a single price for all markets
• B) supply products only to one market
• C) make products sold to each market have an exclusive feature
• D) request law enforcement to eliminate the possibility of arbitrage

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Definitions:

Forgive Others

The process of letting go of resentment, anger, or claims against someone else who has committed an offense, wrongdoing, or mistake against oneself.

Reciprocity Norm

A social norm that expects individuals to help those who have helped them, fostering a culture of mutual aid and support.

Emergency Help

Immediate assistance or aid provided during a crisis or when someone is in need.

Crowd

A large group of people gathered together, typically in a disorganized or unruly way.