If Resale Is Easy, Then

question 81

Multiple Choice

If resale is easy, then

• A)price discrimination won't work, because then only low-priced goods are sold.
• B)consumers' demand curves will shift to the low-priced good.
• C)firms will stop providing the good.
• D)price discrimination results in lower consumer surplus.

---

Definitions:

Collection

An object that groups multiple elements, typically of the same type, into a single unit.

Collection Class

A collection class is a template defined in programming languages like Java that represents a group of objects as a single unit, allowing for operations like adding, removing, and searching items.

Members

Components of a class or structure in programming, including variables, constants, and methods, that collectively represent the state and behavior of the class.

ArrayList

A resizable array implementation in the Java Collections Framework, providing dynamic array capabilities and the ability to store different types of objects.