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3 weeks ago
Consider the following actions undertaken by a firm:
a.charging a higher price for products of higher quality
b.charging different prices to different consumers for the same product when the variation cannot
be explained by cost differences
c.charging different prices for products of different qualities
d.charging a lower price to match a competitor's price

Which of the above will be considered price discrimination?

• a, b, c, and d

• a, b, and d only

• b and d only

• b only
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Microeconomics
Edition: 7th
Authors:
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wrote...
3 weeks ago
b only
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