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Author Question: Which of the following is NOT an advantage from practising price discrimination? (Read 27 times)

kfurse

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Question 1

Effective 3rd degree price discrimination will occur when prices closely reflect
◦ the total cost to society.
◦ the average variable cost of production.
◦ the costs of supplying different customers.
◦ the price elasticity of demand in different markets.

Question 2

Which of the following is NOT an advantage from practising price discrimination?
◦ Price discrimination is only advantageous
◦ Less advertising
◦ Higher total revenue
◦ Helps to drive competitors out of business


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Marked as best answer by kfurse on May 25, 2020

nmyers

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kfurse

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Reply 2 on: May 25, 2020
Excellent


T4T

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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