A monopoly that price discriminates ______
A. benefits buyers because it offers the good at a variety of prices
B. gains because it converts consumer surplus to economic profit
C. uses resources more efficiently than would a competitive market
D. enables buyers to maximize their consumer surplus
B Price discrimination converts consumer surplus to economic profit.
Economics
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a. True b. False Indicate whether the statement is true or false
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The Bretton Woods conference led to the creation of the International Monetary Fund (IMF).
Answer the following statement true (T) or false (F)
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