Sellers may choose not to sell in certain markets if:
A)it is possible to practice price discrimination against customers.
B)buyers are unable to perceive the high quality of their goods.
C)the social cost of production exceeds the private cost of production.
D)the social cost of production is lower than the private cost of production.
E)there are technological spillovers in the production of a good.

Question

Quizplus · Accepted Answer

Sellers may avoid markets where buyers cannot perceive the high quality of their goods because it can lead to lower sales or the need to lower prices, reducing profitability.

Sellers May Choose Not to Sell in Certain Markets If