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Price discrimination is related to elasticity because

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Price discrimination is related to elasticity because

Price discrimination is related to elasticity because
A) the firm can increase revenues by charging customers with elastic demands higher prices and charging customers with inelastic demands lower prices.
B) the firm can increase revenues by charging all customers higher prices.
C) the firm can increase revenues by charging customers with elastic demands lower prices and charging customers with inelastic demands higher prices.
D) None of the above; elasticity and price discrimination are unrelated.

Textbook

Survey of Economics: Principles, Applications and Tools

Edition: 6^th

Authors: O'Sullivan, Sheffrin, Perez

Read 69 times

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