Which of the Following Statements Is False

Which of the following statements is false?

A) A perfectly price-discriminating monopolist does not lower price on all previous units in order to sell an additional unit of its product.
B) Second-degree price discrimination is when the seller charges a uniform price per unit for one specific quantity, a lower price of an additional quantity, and so on.
C) Charging senior citizens less for medicine is an act of third-degree price discrimination.
D) Charging women less for a car wash is an act of second-degree price discrimination.
E) A price taker cannot practice price discrimination.

Correct Answer:

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