Business, 04.07.2019 23:10 cupcake122016

Price discrimination is the practice of selling the same good at more than one price when the price differences are not justified by cost differences. evaluate the following statement: "price discrimination is not possible when a good is sold in a perfectly competitive market." a. true, because perfectly competitive firms have no market power b. false, because perfectly competitive firms have market power c. false, because perfectly competitive firms do not profit maximize by setting marginal revenue equal to marginal cost d. none of these choices

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Price discrimination is the practice of selling the same good at more than one price when the price...

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