Multiple Choice
Which of the following would not be considered price discrimination?
A) Long distance telephone rates are cheaper late at night.
B) Airline fares are cheaper if you reserve several weeks in advance.
C) The price of lettuce is 59 cents a head and two for a dollar.
D) The price of a brand-name prescription drug is higher than the price of a generic brand.
E) Senior citizens pay less for a movie.
Correct Answer:

Verified
Correct Answer:
Verified
Q60: Exhibit 9-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 9-4
Q61: Relative to a perfectly competitive market, as
Q62: Exhibit 9-10 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 9-10
Q63: Exhibit 9-14 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 9-14
Q64: Suppose that at an output of 1,
Q66: Exhibit 9-17 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 9-17
Q67: Exhibit 9-18 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 9-18
Q68: Exhibit 9-17 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 9-17
Q69: Exhibit 9-19 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 9-19
Q70: Which of the following conditions would distinguish