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A Price-Discriminating Firm Will Adjust Prices So That Customers with More

Question 23

Multiple Choice

A price-discriminating firm will adjust prices so that customers with more _____ demand pay _____ than (as) customers with _____ elastic demand.


A) inelastic; less; less
B) elastic; less; less
C) elastic; the same; more
D) elastic; more; less

Correct Answer:

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