Perfect Price Discrimination Occurs When

Multiple Choice

Perfect price discrimination occurs when:

A) each customer is charged the maximum price that each is willing and able to pay.
B) two classes of customers are charged different prices as they have different elasticities of demand.
C) senior citizens are offered restaurant discounts.
D) the firm sets MR < MC for each class of customers.
E) the firm charges same price to different customers so that it is equal to the equilibrium price.