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    Exam 23: Monopoly
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    Suppose the Local Pharmacy Charges Lower Prices to Senior Citizens
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Suppose the Local Pharmacy Charges Lower Prices to Senior Citizens

Question 99

Question 99

Multiple Choice

Suppose the local pharmacy charges lower prices to senior citizens than it charges to younger customers. The pharmacy is practicing


A) perfect price discrimination.
B) second-degree price discrimination.
C) arbitrage.
D) third-degree price discrimination.
E) non-cost discrimination.

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