Which is not true of price discrimination?
A. Successful price discrimination implies that the producer can separate customers into easily identifiable groups.
B. Successful price discrimination will provide the firm with more profit than if it does not discriminate.
C. Successful price discrimination will generally result in a lower level of output than would be the case under a single-price monopoly.
D. It exists when price differences depend critically on different buyers' evaluations of a product.
Answer: C
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a. Economies of scale b. Economies of scope c. Diseconomies of scale d. Diseconomies of scope
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