

MCQOPTIONS
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1. |
Which of the follow statements about price discrimination is not true ? |
A. | Perfect price discrimination generates a deadweight loss |
B. | Price discrimination can raise economic welfare. |
C. | price discrimination requires that seller be able to separate buyers according to their willingness to pay. |
D. | Price discrimination increases a monopolist’s profits. |
E. | For a monopolist to engage in price discrimination buyers must be unable to engage in arbitrage. |
Answer» B. Price discrimination can raise economic welfare. | |