Which of the Following Statements Is Correct for a Firm

question 122

Essay

Which of the following statements is correct for a firm that can price-discriminate?
A.It should adjust prices so that customers with price-inelastic demand pay lower prices than those with elastic demand.
B.It should adjust prices so that customers with price-inelastic demand pay higher prices than those with elastic demand.
C.It should adjust prices so that customers with price-elastic demand pay lower prices than those with inelastic demand.
D.It should adjust prices so that customers with price-elastic demand pay higher prices than those with inelastic demand.

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Definitions:

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A country located in North America, comprising 50 states, a federal district, and various territories.