Under Third-Degree Price Discrimination,a Producer Makes Profit By

question 85

Multiple Choice

Under third-degree price discrimination,a producer makes profit by:

• A)reducing the price of the good for every additional unit being purchased.
• B)charging a higher price to the market segment with the more inelastic demand.
• C)rationing the good to be sold to consumers in different markets.
• D)keeping the price level steady in all markets.

---

Definitions:

No-need

The situation where a potential customer or market does not exhibit a demand or interest in a particular product or service.

Stalling Objection

A type of resistance or hesitation raised by a prospect in a sales situation, often indicating a delay in decision-making rather than outright refusal.

Security System

An arrangement or setup that consists of interconnected components designed to protect a place or person from unauthorized access, burglary, or harm.

Environmental Objections

Concerns raised regarding the environmental impact or sustainability of a product or service.