Who, among the following, is least likely to price discriminate?

A) The local tavern
B) The local diner
C) The local potato farmer
D) The telephone company

C

Economics

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Market specialization and the rise of the division of labor

A) create important conditions for economic growth. B) help explain why some nations are wealthier than others. C) do both of the above. D) do neither of the above.

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Higher education creates

a. side payments b. negative externalities c. a wedge between marginal social cost and marginal private cost d. positive externalities e. economic efficiency

Economics