​For a Firm to Maximize Total Profits Through Price Discrimination,it

question 11

Multiple Choice

​For a firm to maximize total profits through price discrimination,it should

• A)​charge a low price to high-value consumers and a high price to low-value consumers
• B)charge a high price to high-value consumers and a high price to low-value consumers
• C)charge a low price to high-value consumers and a low price to low-value consumers
• D)​charge a high price to high-value consumers and a low price to low-value consumers

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Definitions:

Sovereign States

Politically independent countries that have complete authority over their internal and external affairs, recognized by international law.

Act-of-State Doctrine

A principle in international law that holds that a nation is sovereign within its own borders and its domestic actions cannot be questioned by the courts of another nation.

Foreign Sovereign Nation

A foreign sovereign nation refers to a country that operates under its own autonomous government and is recognized as having complete authority over its territory and political affairs, separate from other nations.

Commercial Activities

Business operations or actions that are directly related to the exchange of goods, services, or anything of value between businesses or entities.