Which of the Following Is True of Successful Price Discriminators

question 34

Multiple Choice

Which of the following is true of successful price discriminators?

• A)They make greater profits than by charging everyone a uniform price
• B)Their customers must have different willingness to pay.
• C)Their customers must have difficulty reselling the good to other customers.
• D)They must have some monopoly power.
• E)All of the above are true of successful price discriminators

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Express Ratification

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Guardian Appointed

The designation of a person by a court to care for and make decisions for someone unable to do so themselves, such as a minor or an incapacitated adult.

Contracts Voidable

Agreements that may be declared invalid by one or more of the parties involved due to reasons such as fraud, duress, or incapacity, but remain effective unless voided.