Multiple Choice
Why would we be likely to observe dentists engaging in price discrimination?
A) Dental care is expensive.
B) All dentists are basically alike.
C) It is very important to exercise care in choosing a dentist.
D) It is nearly impossible to resell the services of a dentist.
E) The demand for dentists is very inelastic.
Correct Answer:
Verified
Correct Answer:
Verified
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