Price discrimination is more likely in the case of services than in the case of goods because

A. it is more difficult to resell services.
B. elasticities of demand vary more with services than with goods.
C. producers of goods usually do not face downward sloping demand curves.
D. it is easier to distinguish customers with different elasticities of demand with respect to services than with goods.

Answer: A

Economics

You might also like to view...

A rising inflation rate tends to injure the following types of people:

A) retirees and students with savings accounts. B) borrowers and homeowners. C) homeowners with mortgages and students with student loans. D) landowners and borrowers.

Economics

What is a production set?

Economics