Price Discrimination Can Benefit Some Consumers When

question 81

Multiple Choice

Price discrimination can benefit some consumers when

• A)the additional profit realized by the monopolist equals the cost incurred
• B)the government comes in to regulate the market
• C)competitors are also able to price discriminate
• D)those consumers pay a price lower than the price they would have to pay a single-price monopolist
• E)those consumers pay a price higher than the price they would have to pay a single-price monopolist

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Definitions:

Strong Vocational Interest Inventory

An assessment tool used to match individuals' interests with those of people successfully employed in various occupations to aid in career choice.

FYI

An abbreviation for "For Your Information," used to indicate that the information that follows is for the recipient's knowledge.

Abilities

Refers to the skills and competencies a person has, including cognitive, physical, and emotional capabilities.

Basic Interest Scales

Psychological assessment tools that measure an individual's preferences and interests across a variety of areas to help guide career or educational decisions.