Research has found that used-car salesmen often offer women buyers a higher price than male buyers. This is most likely because: (a) the second-hand car market allows first-degree price discrimination. (b) the second-hand car market allows second-degree price discrimination. (c) the second-hand car market allows third-degree price discrimination. (d) used-car salesmen usually find it easier to determine the reservation prices of male buyers than of women buyers.

Research has found that used-car salesmen often offer women buyers a higher price than male buyers. This is most likely because: (a) the second-hand car market allows first-degree price discrimination. (b) the second-hand car market allows second-degree price discrimination. (c) the second-hand car market allows third-degree price discrimination. (d) used-car salesmen usually find it easier to determine the reservation prices of male buyers than of women buyers.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Please help with Question F and kindly provide solutions. thank you
What can you say about the price, with and without price discrimination
Answer multiple choice
Perfect price discrimination is characterized by charging different prices to customers based on when they purchase the good or service. prices that are different from competitors' prices. customers a different price, depending on their gender. each customer a price equal to his or her maximum willingness to pay. customers a different price, depending on their income. 46°F a