If a firm could practice perfect price discrimination, it would
A) allow resale of its product.
B) use odd pricing.
C) charge every buyer a different price.
D) charge a price based on the quantity of a product bought.
C
You might also like to view...
How does double taxation affect consumption, saving and economic growth?
What will be an ideal response?
Suppose there are four firms in an industry. The market shares of the four firms are 5 percent, 20 percent, 35 percent, and 40 percent. The Herfindahl-Hirschman index for that industry is
A) 6,650. B) 3,250. C) 1,250. D) 100.
A worsening of a country's terms of trade means that its export prices are falling relative to its import prices
Indicate whether the statement is true or false
Which of the following WOULD NOT be considered an automatic stabilizer for the economy?
A. Welfare payments B. Unemployment compensation C. The progressive income tax D. An income tax surcharge