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testipw testipw
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A year ago
Consider a price-setting firm that is able to practice price discrimination. By doing so the firm is able to increase its profits. How?

▸ by charging different prices according to the different marginal cost on each unit

▸ by reducing costs through a reduction in output

▸ by charging different prices according to the willingness to pay of each consumer

▸ by raising the price above the competitive price

▸ by shifting its cost curves downward
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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moon21cmoon21c
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A year ago
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testipw Author
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A year ago
Good timing, thanks!
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Correct Slight Smile TY
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Just got PERFECT on my quiz
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