Price Discrimination Is More Common in Service Industries Because

question 86

Multiple Choice

Price discrimination is more common in service industries because

• A)low-price buyers will find it virtually impossible to resell the products of such industries to high-price buyers.
• B)the costs of providing such industries' products to different groups of buyers vary dramatically.
• C)the price elasticity of demand is the same for all groups of buyers in these industries.
• D)all firms in these industries have significant monopoly power over price.

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