Price discrimination
A. may lead to greater output
B. always leads to a reduction of output
C. leads to lower profits for the firm
D. cause firms to operate at a higher cost
Ans: A. may lead to greater output.
Price discrimination is when the firm charges different prices for the same product from the different individuals as per their willingness to pay or as per the elasticity of their demand curve etc. so like in first-degree price discrimination output is increased, so this may lead to higher output
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