Price discrimination is based on differences in ________ among groups of consumers and the differences in ________ that will result.
A. cross elasticities of demand; revenues
B. price elasticities of demand; profits
C. quantities supplied; marginal revenues
D. income elasticities of demand; marginal costs
Answer: B
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Indicate whether the statement is true or false
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a. True b. False Indicate whether the statement is true or false