Which of the Following Statements About Perfect Price Discrimination Is

question 13

Multiple Choice

Which of the following statements about perfect price discrimination is false?

• A)There is no consumer surplus if a firm engages in perfect price discrimination.
• B)Perfect price discrimination occurs when the seller charges the highest price each consumer would be willing to pay for the product.
• C)A condition for perfect price discrimination is that it must be costlier to service some customers than others.
• D)For the price-discriminating firm, its marginal revenue curve coincides with its demand curve.

---

Definitions:

Environmental Racism

A form of discrimination against minority groups and people from poor countries who are subjected to a disproportionate share of environmental hazards and polluting industries.

Industrialized Nations

Countries characterized by a significant level of industrialization, with advanced technological infrastructure and a higher standard of living.

Robert Bullard

Often referred to as the "father of environmental justice," he is a scholar and activist known for his work on environmental racism and advocacy for those most affected by environmental inequality.

Treadmill of Production

A theory asserting that the relentless pursuit of economic growth leads to environmental degradation, driven by capitalist societies' need to continuously produce and consume.