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Which of the Following Is True of Perfect Price Discrimination

Question 156

Multiple Choice

Which of the following is true of perfect price discrimination?


A) Profit is lower than it would be without discrimination.
B) Revenue is higher than it would be without discrimination, but profit is lower.
C) Average revenue and average cost are both higher than they would be without discrimination, so it is not certain whether profit will be higher.
D) Consumer surplus is zero.
E) Profit is zero.

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