1) Airlines are often able to price discriminate
2) perfect price discrimination is when perfectly competitive firms charge some people higher prices than others.
3)price discrimination only occurs with natural monopolies
4)price discrimination is illegal under all circumstances
5)firms do not have incentive to price discrimination because it result in some groups paying a lower price than others
6)all else equals, single price monopolists earn lower profits than firms that can price discriminate
2 Answers
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1 T
2 F
3 F
4 F
5 F
6 T
you might not know why?
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true, true, false, false, false, false
Source(s): Did the question myself on Sapling
