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Consumers Who Place a High Value on a Good Are

Question 116

Multiple Choice

Consumers who place a high value on a good are better off with pricing in the following order: 1) ________; 2) ________; 3) ________.


A) competitive market; perfect price discrimination; single-price monopoly
B) competitive market; single-price monopoly; perfect price discrimination
C) single-price monopoly; competitive market; perfect price discrimination
D) Unable to determine.

Correct Answer:

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