Price Discrimination Can Benefit Some Consumers When

question 81

Multiple Choice

Price discrimination can benefit some consumers when

• A)the additional profit realized by the monopolist equals the cost incurred
• B)the government comes in to regulate the market
• C)competitors are also able to price discriminate
• D)those consumers pay a price lower than the price they would have to pay a single-price monopolist
• E)those consumers pay a price higher than the price they would have to pay a single-price monopolist

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Definitions:

Problem of Communication

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Carl Rogers was a prominent American psychologist and one of the founders of humanistic psychology, well known for developing person-centered therapy.

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A philosophical concept often related to the absence or negation of existence or consciousness.

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The act of taking ownership for one's actions and their consequences.