Which Is Not True of Price Discrimination

question 136

Multiple Choice

Which is not true of price discrimination?

• A) It exists when price differences depend critically on different buyers' evaluations of a product.
• 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:

Unconscious Level

A level of mental activity that occurs without conscious awareness, governing feelings, thoughts, and desires that influence behavior even though they are not accessible to the conscious mind.

Informed Consent

The requirement that researchers provide sufficient information to participants about the purpose, procedure, risks, and benefits of a study.

Human Fulfillment

The achievement of life goals and satisfaction across various dimensions of human life, including personal, social, and professional areas.

Abnormal Behavior

Actions, thoughts, or emotions that deviate significantly from normative or expected behavior within a society or cultural context.