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It Is Frequently Observed That When a City Is Located

Question 13

Multiple Choice

It is frequently observed that when a city is located next to a major highway,gas stations located close to the highway charge higher prices than gas stations located farther away.This is an example of:


A) first-degree price discrimination.
B) second-degree price discrimination.
C) third-degree price discrimination.
D) illegal price discrimination.

Correct Answer:

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