Price Differentiation Is a Situation in Which

question 327

Multiple Choice

Price differentiation is a situation in which

• A) there are different prices for similar products reflecting differences in the marginal cost of providing the commodities to different groups of buyers.
• B) there are different prices for the same product that are not due to differences in the marginal cost of providing the commodity to different groups of buyers.
• C) consumers' comparison-shop.
• D) the demand curve is vertical.

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