Firms that price-discriminate will not reach higher profits

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Reference no: EM13800836

Which of the following statements is true?

a. Firms that can identify two types of consumers can price-discriminate perfectly.

b. Firms can price-discriminate only if there is zero competition in the market.

c. Firms that price-discriminate will not reach higher profits.

d. Firms that can prevent reselling can engage in price discrimination.

e. Firms can usually price-discriminate if they are in a perfectly competitive market.

Reference no: EM13800836

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