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A Firm That Can Price-Discriminate Should Adjust Prices So That

Question 239

Multiple Choice

A firm that can price-discriminate should adjust prices so that customers with _____ demand pay _____ prices than/as do those with _____ demand.


A) price-inelastic;lower;elastic
B) price-inelastic;the same;elastic
C) price-elastic;lower;inelastic
D) price-elastic;higher;inelastic

Correct Answer:

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