Which Is Not True of Price Discrimination

question 73

Multiple Choice

Which is not true of price discrimination?

• A) Successful price discrimination requires that different segments of the market have different demand elasticities.
• B) Successful price discrimination will provide the firm with more profit than if it does not discriminate.
• C) Successful price discrimination implies that the producer can separate customers into easily identifiable groups.
• D) Successful price discrimination will generally result in a lower level of output than would be the case under a single-price monopoly.

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Definitions:

Brain Regions

Specific areas within the brain that have distinct functions or roles, contributing to the overall operations of the brain and body.

Brainstem

The oldest part and central core of the brain, beginning where the spinal cord swells as it enters the skull; the brainstem is responsible for automatic survival functions.

Medulla

The base of the brainstem; controls heartbeat and breathing.

Visual Cortex

The part of the cerebral cortex involved in processing visual information, located in the occipital lobe of the brain.