Which of the Following Is True of Successful Price Discriminators

question 65

Multiple Choice

Which of the following is true of successful price discriminators?

• A) They make greater profits than by charging everyone a uniform price
• B) Their customers must have different willingness to pay.
• C) Their customers must have difficulty reselling the good to other customers.
• D) All of the above are true of successful price discriminators.

---

Definitions:

Domestic Consumers

Individuals or households within a country that purchase goods and services for personal use as opposed to international or business consumers.

Foreign-made

This term describes products that are produced outside of one's home country.

Trade Deficit

A situation in which a country's imports of goods and services exceed its exports, leading to more money flowing out of the country than coming in from foreign markets.

Imports

Goods and services brought into a country from abroad for sale.