Multiple Choice
Which of the following is an example of price discrimination?
A) DHL charges more if a package is sent from Sydney to Hawaii and less if it is sent from Sydney to Melbourne.
B) Albert pays 25 per cent less on prescription drugs because he is a senior citizen.
C) Frank's Furniture shop charges no delivery fee for furniture delivered within the Adelaide metro area, but charges $40 delivery fee outside of the city.
D) Only answers A and B are correct.
E) Answers A, B and C are all correct.
Correct Answer:
Verified
Correct Answer:
Verified
Q29: Which of the following is an example
Q30: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The table above
Q31: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The figure above
Q32: Price cap regulation<br>A) sets the maximum price
Q34: Australia Post's monopoly on first-class mail service
Q35: For a natural monopoly to cover its
Q36: If a regulatory agency sets the price
Q37: Compared to a similar perfectly competitive industry,
Q38: The key idea behind price discrimination is
Q243: A monopoly<br>A) is not protected by barriers