Which of the Following Statements About Price Discrimination Is False

question 71

Multiple Choice

Which of the following statements about price discrimination is false?

• A)It is often a disguised subsidy to the poor.
• B)It involves charging at least two separate prices for the same good or service.
• C)Perfect price discrimination eliminates some of the customer's consumer surplus.
• D)It is legal in the United States.

---

Definitions:

Foreign Currency Borrowing

The action of taking a loan denominated in a currency other than the domestic currency of the entity borrowing.

Interest Payments

The payments made by a borrower to a lender for the use of borrowed money, usually at a set rate and schedule.

Income Statement

A financial statement that shows a company's revenues, expenses, and profit or loss over a specific period.

Exchange Rates

The value of one currency for the purpose of conversion to another, used in international trade and investment.