Because It Is More Extensive,first-Degree Price Discrimination Is More Profitable

question 62

True/False

Because it is more extensive,first-degree price discrimination is more profitable for the firm than is third-degree price discrimination.

---

Definitions:

Civil Rights Act

Landmark legislation in the United States that outlaws discrimination based on race, color, religion, sex, or national origin, primarily known for its application during the 1960s civil rights movement.

Discrimination

The unjust or prejudicial treatment of different categories of people or things, especially on the grounds of race, age, or sex.

Disparate-Impact

Refers to practices in employment, housing, or other areas that adversely affect one group of people more than another, even if unintentional.

Protected Class

Groups of people legally protected from discrimination on the basis of characteristics such as race, religion, national origin, gender, and more.