Nonlinear price discrimination is
A) perfect price discrimination.
B) quantity price discrimination.
C) group price discrimination.
D) two-part pricing.
B
Economics
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The typical average cost curve
a. continually declines as output increases. b. is horizontal. c. continually increases as output increases. d. first declines to a minimum and then increases as output increases.
Economics
A budget line shows the:
A. alternative combinations of two goods that a consumer can purchase with a given money income. B. alternative combinations of two goods that will yield the same level of total utility to a consumer. C. quantities of a particular good that a consumer will buy at various prices. D. ratio of money income to product price.
Economics