All firms can increase profits using price discrimination
A) True, because market demand curves are downward sloping
B) True, because firms can sell different versions of a product that is just right for an individual consumer
C) False, because consumers aren't forced to buy a firm's products
D) False, because some firms are in competitive markets
D
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The "investment" component of aggregate demand will include all of the following except
a. expenditures of business firms on new plants. b. expenditures of business firms on new equipment. c. resales of existing physical assets. d. household spending on new homes.
Which of the following is considered to be an investment in economists' point of view?
a. Serena buys bonds issued by Citibank. b. John purchases a new house. c. Venus invests hundred thousand dollars in Bear Stearns stock. d. Allen sells the old truck he used for transporting goods.