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Why Doesn't a Firm Price Discriminate Based on Income Levels

Question 114

Multiple Choice

Why doesn't a firm price discriminate based on income levels?


A) It would be nearly impossible to conveniently confirm any individual's income level.
B) It is illegal to ask someone their income levels.
C) It is immoral to price discriminate based on income levels.
D) It is common practice for firms to price discriminate based on income.

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