ECON 750
Southeastern Louisiana University
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ECON 705 Self-Assessment Mod 7 (GRADED A+) Questions and Answer solutions 100% CORRECT
- Exam (elaborations) • 5 pages • 2023
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1. Companies with market power usually prefer to implement price discrimination because 
Select one: 
a. charging different prices to people based on their individual demand yields more profit. 
b. their market power makes them complacent and lazy; it is actually less profitable to utilize price 
discrimination among consumers with different demands than it is to charge a single price to all. 
c. it is simpler and more efficient to charge a uniform price than to figure out dozens or thousands 
o...
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