Which of the following describes bundling as a form of price discrimination? Customers with similar demographic characteristics are grouped together. O a. O b. Customers with similar preferences are put in groups, each with a set price. O c. Different products are sold together at a cheaper total price than if sold separately. O d. A product is sold at a lower per-unit price if several units are bought together.
Which of the following describes bundling as a form of price discrimination? Customers with similar demographic characteristics are grouped together. O a. O b. Customers with similar preferences are put in groups, each with a set price. O c. Different products are sold together at a cheaper total price than if sold separately. O d. A product is sold at a lower per-unit price if several units are bought together.
Chapter14: Monopoly
Section: Chapter Questions
Problem 14.12P
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