It Is Easier for a Monopolist to Price Discriminate Between

question 298

Multiple Choice

It is easier for a monopolist to price discriminate between groups for a service than for a good because

• A) it is easier to calculate average willingness to pay for services.
• B) it is easier to distinguish between groups of customers for services than customers for goods.
• C) it is easier for consumers to resell goods than resell services.
• D) customers for goods usually do not differ with respect to their average willingness to pay.

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Definitions:

Emotion

Cognitive interpretation of subjective experiences that can influence thought and behavior.

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A progressive neurodegenerative disease that causes memory loss, impaired reasoning, and changes in personality, mainly affecting the elderly.

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