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16 November, 00:54

Price discrimination will result in consumers with more elastic demand purchasing more of the good than when a single price is charged to all consumers in the market. true

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  1. 16 November, 01:59
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    A company can have a product that they want a single customer to be able to use and profit from, they may sell that product to that customer at a lower price, allowing them to purchase more, and blocking out competitors with higher pricing.
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