Price discrimination requires the firm to
A: separate customers according to their willingnesses to pay.
B: differentiate between different units of its product.
C: engage in arbitrage.
D: use coupons.
A: separate customers according to their willingnesses to pay.
B: differentiate between different units of its product.
C: engage in arbitrage.
D: use coupons.
举一反三
- Producer surplus is equal to: A: the difference between the highest market price consumers are willing to pay for a product and the minimum amount producers are willing to accept for that product. B: the difference between the market price consumers are willing to pay for a product and the actual price they pay. C: the price a producer receives for a product minus the marginal cost of production. D: the economic profit earned from the sale of a good, minus its marginal cost of production.
- Price discrimination requires the firm to
- Price discrimination occurs when: A: the same product is sold by a firm to different consumers for different prices. B: consumers sell products to one another. C: the same product is produced by a firm with different costs of production. D: a firm charges the same price to consumers with different levels of income.
- If a firm charges more than the market price, it loses all its customers to other firms.
- This company does not __________ between men and women sothey employ and pay both equally. A: different B: differ C: differentiate D: difference