Multiple Choice
When firms price discriminate, they
A) get additional surplus from consumers who would have bought at the profit-maximizing uniform price but lose sales because of the higher prices.
B) maintain surplus from existing consumers but pick up additional consumers that would not have bought at the profit-maximizing uniform price.
C) get additional surplus from consumers who would have bought at the profit-maximizing uniform price.
D) None of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Q20: A mail-order clothing company offers a discount
Q39: A hotel with market power charges customers
Q44: Which of the following is an example
Q46: In two-part pricing<br>A)consumers pay a lump-sum for
Q47: Which of the following is an example
Q48: Many college football teams require a "donation"
Q51: A firm engaging in group price discrimination<br>A)divides
Q52: Disneyland price discriminates because<br>A)everyone loves going to
Q53: When firms price discriminate, they turn _
Q54: Firms use various methods for identifying customers