Which of the following statements is true?
A) It is always in the interest of the firm to engage in price discrimination if possible.
B) Rearranging sales among different groups of customers decreases total revenue while increasing total cost.
C) Most goods and services we buy are offered on a discriminatory basis.
D) Price discrimination is illegal.

Question

Quizplus · Accepted Answer

Price discrimination can increase a firm's profits by allowing it to capture more consumer surplus, making it generally beneficial for firms if they can implement it effectively.

Which of the Following Statements Is True