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If a Price-Discriminating Monopoly Charges a Lower Price to Individuals

Question 178

Multiple Choice

If a price-discriminating monopoly charges a lower price to individuals in City X,it is likely that the firm


A) believes that the demand of individuals in City X is relatively inelastic.
B) believes that the demand of individuals in City X is relatively elastic.
C) wants to shift the demand of individuals in City X.
D) cares about the well-being of the individuals in City X.

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