Multiple Choice
Assume you have four tickets to a U2 concert.You decide to sell each of them separately on an auction site such as eBay.Your auctions represent
A) price differentiation.
B) perfect price discrimination amongst those who bid for your tickets.
C) perfect price discrimination amongst all people who buy tickets for the concert.
D) an illegal act, subject to state and federal prosecution.
Correct Answer:

Verified
Correct Answer:
Verified
Q52: Suppose a profit-maximizing monopoly is able to
Q53: Bob is the only carpet installer in
Q54: A good example of perfect price discrimination
Q55: A weapons producer sells guns to two
Q56: Charging a higher price for a motel
Q58: The case where a firm sells each
Q59: Assume a firm organizes all individuals by
Q60: The monopoly can shift the demand for
Q61: Suppose group price discrimination is possible; however,a
Q62: What is one reason consumers might demand