Answer to Question #114819 in Macroeconomics for kamran

Question

Perfect price discrimination occurs when

a ) Each customer is charged the maximum price that each is willing & able to pay

b ) the firm sets MR c) senior citizens are offered restaurant discounts

d) the firm charges same price to different customers so that it is equal to the equilibrium price

e) two classes of customers are charges different prices as they have the same elasticities of demand

Answer 1

e