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Price discrimination occurs when:

A. Different prices are charged to different consumers for homogenous products

B. Same prices are charged for differentiated products

C. Different prices are charged for homogenous goods for successive units to the same customer

D. Any of the above condition is present

Related Questions

  1. With which of the following concepts is the name of J.M.Keynes particularly associated?
  2. The equilibrium of a firm is determined by the equality of MC and MR in only:
  3. The law of Diminishing Marginal Utility implies that the marginal utility of a good decreases as:
  4. In first degree price discrimination, monopolist takes away :
  5. According to Leontief technology, there:
  6. Of the following, which one corresponds to fixed cost?
  7. The budget-line is also known as the:
  8. In cournot model, firms face:
  9. The output where TC = TR & AC = AR:
  10. The MC curve cuts the AVC and ATC curves:
  11. 7.The costs which the firms have to face in order to change the price tags of their products and services…
  12. The external economies of scale experienced by a firm include the:
  13. In monopolistic competition, if a firm lowers its price, the rival firms will:
  14. Law of Diminishing Marginal Utility is practically untrue because:
  15. According to law of Equi-Marginal Utility when price of commodity falls then we bought:
  16. Which of the following is not an explicit cost of production?
  17. Moving along an indifference curve leaves the consumer:
  18. As the price of diamond is higher, so it has:
  19. The game theory was basically presented by:
  20. The slope of budget line shows the price ratios of:
  21. Entry of new firms into a competitive market will shift the supply curve of the:
  22. Using total revenue and total cost, a profit maximizing firm will be equilibrium at a point:
  23. In joint-profit maximization cartel, central agency sets the:
  24. Discriminating monopoly implies that the monopolist charges different prices for his commodity:
  25. The long run average cost curve is:
  26. The ordinary demand curve is also called:
  27. The vertical distance between TVC and TC is equal to:
  28. Change in quantity demanded refers to:
  29. The spending of money by the producer to influence consumers is an example of:
  30. A straight line, downward-sloping demand curve implies that, as price falls, the elasticity of demand:

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