Firms are able to price discriminate A. when all customers are uninformed about quality differences. B. when there is full information about quality available to all customers. C. when some customers are uninformed about quality differences. D. when no customers are uninformed about quality differences.

Question

Engineering

Samantha Lyons

10 June, 23:57

Firms are able to price discriminate A. when all customers are uninformed about quality differences. B. when there is full information about quality available to all customers. C. when some customers are uninformed about quality differences. D. when no customers are uninformed about quality differences.

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Answers (1)

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Peyton Tapia · Answer 1

Option C

When some customers are uninformed about quality differences

Explanation:

Taking advantage that whereas some customers are uninformed about quality differences of the products sold by a particular firm, the management of the firm can easily discriminate prices for such customers,