Why Would a Monopolist Sort Customers by Age or Separate

question 151

Multiple Choice

Why would a monopolist sort customers by age or separate customers in time?

• A)to prevent those who pay the lower price from reselling the product to those paying the higher price
• B)to indicate that the firm is a price maker and has market power
• C)to make sure there are at least two groups of consumers for the product
• D)to ensure that the firm can charge each group a different price for essentially the same product
• E)to meet legal requirements

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Definitions:

Good Looks

A subjective evaluation of an organism's physical appearance, often influencing mate selection and social interaction.

Adaptive Values

The contribution of a trait or behavior to the reproductive success and survival of an organism in its specific environment.

Human Speech

A mode of communication in humans that involves the use of vocalized language, enabling complex ideas to be conveyed.

Adaptive Benefit

The positive impact a specific trait or behavior has on the ability of an organism to survive and reproduce in its environment.