Which of the Following Statements About Price Discrimination Is True

question 58

Multiple Choice

Which of the following statements about price discrimination is true?

• A) It exists whenever consumers in a country are charged different prices for the same product.
• B) A necessary condition for profitable price discrimination is different price elasticities of demand in different countries.
• C) It is the use of price as a competitive weapon to drive weaker competitors out of a national market.
• D) It makes economic sense to charge the same prices across countries.

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Definitions:

Personal Protective Equipment

Equipment worn to minimize exposure to hazards that cause serious workplace injuries and illnesses, may include items such as gloves, safety glasses, and earplugs.

Nosocomial

Refers to infections that are acquired in a hospital or healthcare facility setting.

Postoperative Infections

Infections that occur after a surgical procedure, potentially resulting from operation-related factors or compromised patient health.

Vascular Access Device

A medical device inserted into blood vessels to administer treatments, medications, or nutrition, or to draw blood.