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Author Question: Why do firms engage in price discrimination? A) to decrease cost B) to increase profits C) to ... (Read 50 times)

ghost!

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Why do firms engage in price discrimination?
 
  A) to decrease cost
  B) to increase profits
  C) to increase consumer surplus
  D) to prohibit the resale of their products

Question 2

Which of the following conditions must be TRUE so that a firm can price discriminate?
 
  A) There are no other firms in the market.
  B) The good is a nondurable.
  C) The good cannot be easily resold.
  D) All of the above.


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rleezy04

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ghost!

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


helenmarkerine

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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