Multiple Choice
Which of the following statements is TRUE about price discrimination?
A) Price discrimination makes consumers worse off due to higher prices.
B) Price discrimination leads to deadweight loss and therefore makes the market less efficient.
C) Price-discriminating monopolists often produce more output than single-price monopolists and increase total surplus in the process.
D) Price discrimination is illegal in the United States.
Correct Answer:

Verified
Correct Answer:
Verified
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