Trest 1 1. Which of the following strategies are used biy business firms to capture consumersurplus? A. price discrimination. B. bundling. C. two-part tariffs. D. all of the above.
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4. If we observe a firm engaging in price discrimination, it must be true that: A. the firm is enjoying higher total profits than it would have earned if it charged a single price for the product. B. the firm can identify the preferences of every customer it serves. C. the firm earns higher profits per unit than it would have earned if it charged a single price for the product. D. All of the above are correct.
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