Which of the Following Statements About Perfect Price Discrimination Is

question 13

Multiple Choice

Which of the following statements about perfect price discrimination is false?

• A)There is no consumer surplus if a firm engages in perfect price discrimination.
• B)Perfect price discrimination occurs when the seller charges the highest price each consumer would be willing to pay for the product.
• C)A condition for perfect price discrimination is that it must be costlier to service some customers than others.
• D)For the price-discriminating firm, its marginal revenue curve coincides with its demand curve.

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Definitions:

Psychotherapy

A process aimed at improving an individual's mental health and well-being through conversations with a trained therapist.

Baseline Record

An initial collection of data or observations that serves as a reference point for future comparisons.

Behavior Analysis

A scientific approach to understanding behavior and how it is affected by the environment.

Assertion Training

A type of psychotherapy aimed at increasing an individual's ability to express their feelings, needs, and rights directly and appropriately.