A Perfect Price Discriminator

question 547

Multiple Choice

A perfect price discriminator

• A) charges the maximum price for each unit that consumers are willing to pay.
• B) is able to convince consumers to pay more for each unit than they are willing to pay.
• C) is unable to make an economic profit.
• D) disregards the market demand curve.

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Definitions:

Professional Tone

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Spell Checker

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A record documenting, for billing purposes, the hours (or fractions of hours) that an attorney or a paralegal worked for each client, the date on which the work was done, and the type of work done.

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