Price discrimination is undertaken with the aim of:

A. Increasing sales and maximizing profits

B. Reducing sales and raising prices

C. Minimizing cost and maximizing revenue

D. Serving the markets without earning profits

Please do not use chat terms. Example: avoid using "grt" instead of "great".

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  1. Economic laws are:
  2. In economist the term invisible hand is refers to:
  3. With the decrease in marginal valuation of a specific commodity, the price offered by the people:
  4. In monopolistic competition, if a firm lowers its price, the rival firms will:
  5. According to Marshal, the Law of Diminishing Returns is applicable to:
  6. A typical demand curve cannot be:
  7. Law of Variable Proportions is regarding in:
  8. The greater the percentage of income spent on a commodity:
  9. Which of the following models are associated with non-collusive oligopoly?
  10. The advertisement and other selling activities:
  11. The optimum level of output in long run takes place where:
  12. Cross-elasticity of demand or cross-price elasticity between two independent goods will be:
  13. The Latin term citeris paribus means:
  14. The budget line is described by each of the following except:
  15. MC = MR = AC = AR shows the long run equilibrium position of the:
  16. The effects according to which people use those goods which are concerned with distinctive standard…
  17. Production is a function of:
  18. If two goods are perfect substitutes then IC will be:
  19. Technological Progress (Invention) can be defined as:
  20. Excess capacity is concerned with the:
  21. J.R.Hicks was:
  22. Total utility and price are:
  23. Which of the following curves is a rectangular hyperbola?
  24. When SAC curve rises, SMC curve lies its:
  25. The word ECONOMICS is derived from the Greek terms meanings:
  26. Even in the long-run equilibrium, the pure monopolist can make abnormal profits because of:
  27. Increasing returns is not caused by:
  28. Variable cost includes the cost of:
  29. If a new production technology for producing compact discs is developed and new firms are attracted…
  30. Regarding economic decisions, economics of uncertainty identifies: