Price ____ occurs when producers charge different customers different prices for

Question

Price ____ occurs when producers charge different customers different prices for the same good or service.
a. maximization b. discrimination c. regulation
d. management
The practice of selling a product to different customers at different prices when marginal cost is the same is known as:
a. price discrimination. b. monopoly pricing.
c. arbitrage. d. price segregation.
Ceteris paribus, in which of the following cases would we expect economic profits to be greatest?
a. an unregulated monopolist who is able to price discriminate. b. an unregulated monopolist who is unable to price discriminate. c. a regulated monopolist required to charge a price no greater than marginal cost.
d. a regulated monopolist required to charge a price no greater than average cost.

Explanation / Answer

1. b. discrimination 2. a. price discrimination. 3. a. an unregulated monopolist who is able to price discriminate.

Related Questions

Navigate

• Browse (All)
• Browse P
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.