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PaulKet PaulKet
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Posts: 488
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6 years ago
A monopoly will NOT be able to perfectly price discriminate if
A) obtaining information about each buyer's reservation price is too costly.
B) demand is very elastic.
C) demand is very inelastic.
D) resale is impossible.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
Read 51 times
2 Replies
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
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Answer verified by a subject expert
forrestforrest
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Posts: 266
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6 years ago
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PaulKet Author
wrote...
5 years ago
Smiling Face with Open Mouth Yay, got perfect on my quiz
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
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