Why Might a Producer Practice Price Discrimination

question 179

Multiple Choice

Why might a producer practice price discrimination?

• A) To make its products more affordable to those with low incomes.
• B) To maximise economic efficiency.
• C) To maximise profits.
• D) To maximise quantity demanded.

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Text Box Placeholder

A temporary text in a text box that guides users on what to enter, typically removed when the user starts typing.

Text Sidebar

A sidebar specifically designated for text information, commonly found in software applications or websites.

Preformatted Text Box

A user interface element that displays text in a specific format that is not subject to the usual processing applied to text (like automatic line breaks).

SmartArt

A graphic diagram tool included in office applications that allows users to visually communicate information through a variety of charts, cycles, hierarchies, and relationships.