Which of the Following Statements Is True of Price Discrimination

question 231

Multiple Choice

Which of the following statements is true of price discrimination?

• A)Successful price discrimination will provide the firm with lower total profits than if it did not discriminate.
• B)Successful price discrimination will provide the firm with more profit than if it did not discriminate.
• C)Successful price discrimination will generally result in a lower level of output than would be the case under a single-price monopoly.
• D)Successful price discrimination occurs when there are differences in the costs of producing for different groups of buyers.

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