When Businesses Discriminate in Response to the Preferences of Consumers

question 117

Multiple Choice

When businesses discriminate in response to the preferences of consumers, the discrimination:

• A)is consistent with efficient markets.
• B)will be eliminated by the market.
• C)will not persist even though it's what the customers want.
• D)is not consistent with efficient markets.

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Definitions:

Principles

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Proposal

A formal suggestion or plan put forward for consideration by others, especially in a professional or business context.

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