The government allows firms to engage in price discrimination unless the practice:
A. allows the firm to earn positive economic profits.
B. reduces consumer surplus.
C. drives rival firms out of business.
D. increases prices to consumers.
Answer:C
The government allows firms to engage in price discrimination unless the practice:
A. allows the firm to earn positive economic profits. B. reduces consumer surplus. C. drives rival firms out of business. D. increases prices to consumers.