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    Microeconomics Theory and Applications Study Set 2
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    Exam 12: Product Pricing With Monopoly Power
  5. Question
    With Block Pricing,firms Differentiate Price According to _____
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With Block Pricing,firms Differentiate Price According to _____

Question 61

Question 61

Multiple Choice

With block pricing,firms differentiate price according to _____.


A) each consumer's ability to pay
B) the average cost of producing the output
C) the quantity of output purchased
D) the marginal cost of producing a particular unit of output

Correct Answer:

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