Which of the Following Is NOT a Principle of Pricediscrimination

question 41

Multiple Choice

Which of the following is NOT a principle of pricediscrimination?

• A)It is more profitable to set different prices in markets with different demand curves than a single price that covers all
• Markets.
• B)To maximize profit the firm should set a higher price in markets with more elastic demand.
• C)To maximize profit the firm should set a higher price in markets with more inelastic demand.
• D)Arbitrage makes it difficult for a firm to set different prices in different markets thereby reducing the profit from price
• Discrimination.

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Definitions:

Electrical Stimulation

A therapeutic method or research tool that applies electrical currents through electrodes to stimulate nerves, muscles, or brain areas for various purposes.

Parasympathetic

Pertaining to the part of the autonomic nervous system that conserves energy by slowing the heart rate and relaxing muscles after periods of stress.

Sympathetic

Sympathetic refers to feelings of pity and sorrow for someone else's misfortune, or the part of the autonomic nervous system that increases body alertness and mobilization in response to stress.

Cortex Mapping

A process or technique used in neuroscience to identify regions of the brain cortex and their specific functions or activities.