Third-degree price discrimination is more common in service industries because ________.
A. all firms in these industries have significant monopoly power over price
B. low price buyers will find it virtually impossible to resell the products of such industries to high price buyers
C. the costs of providing such industries' products to different groups of buyers vary dramatically
D. the price elasticity of demand is the same for all groups of buyers in these industries
Answer: B
Economics
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Economics