which of the following statements about price discrimination is true? a. most forms of price discrimination...
which of the following statements about price discrimination is true?
a. most forms of price discrimination are illegal in the United States.
b. price discrimination may be beneficial to some consumers.
c. perfectly competitive firms are the most likely to engage in price discrimination.
d. price discrimination results in lower profits for the producer.
Homework Answers
b. price discrimination may be beneficial to some consumers.
Explanation: Because of price discrimination, some consumers can consume the same goods at a lower price than others.
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