Price Discrimination

question 98

Multiple Choice

Price discrimination

• A)forces monopolies to charge a lower price as a result of government regulation.
• B)is an attempt by a monopoly to prevent some customers from purchasing its product by charging a high price.
• C)is an attempt by a monopoly to increases its profit by selling the same good to different customers at different prices.
• D)increases the consumer surplus associated with a monopolistic market.

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Definitions:

Maltreatment

The abuse or neglect of a person, often resulting in physical, emotional, or psychological harm.

Activities

Tasks or actions carried out by individuals, often for the purpose of leisure, recreation, or achieving a specific goal.

Daily Living

Activities and tasks of everyday life, including self-care, housework, and interactive skills within society.

Financially Exploit

The act of using someone or something in an unfair manner for monetary gain.