If a Company Uses Third-Degree Price Discrimination

question 184

Multiple Choice

If a company uses third-degree price discrimination

• A) the higher the price elasticity of demand, the higher the price charged.
• B) the higher the price elasticity of demand, the lower the price charged.
• C) the more inelastic the demand, the lower the price charged.
• D) each customer is charged the maximum price he or she is willing to pay.

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