Which of the Following Observations Concerning Price Discrimination Is True

question 120

Multiple Choice

Which of the following observations concerning price discrimination is true?

• A)It only occurs in monopolies.
• B)It is easier for a monopolist than for a firm that is affected by competition.
• C)It means that sales to all customers are equally profitable.
• D)It is considered as a bad business practice under all circumstance.

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Definitions:

Crossed Extensor Reflex

A reflex action in which the extension of one limb is paired with the flexion of the contralateral limb.

Common Fibular Nerve

A branch of the sciatic nerve that innervates the muscles of the lower leg, contributing to foot and toe movement and sensation.

Medial Plantar Nerves

Nerves that supply sensation and muscle control to the medial part of the bottom of the foot.

Lateral Plantar Nerves

Nerves that innervate the lateral aspect of the bottom of the foot, playing a key role in sensory and motor functions.