Tackle the Test: Multiple-Choice Questions

  1. Question

    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
    Which of the following characteristics is necessary in order for a firm to pric
  2. Question

    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
    Price discrimination
  3. Question

    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
    With perfect price discrimination, consumer surplus
  4. Question

    HKqXbLUm2Z3K3uOzs/ndOV5LXmhWP/rcg3oQYC2qmvz0FL//1d4tfgyLjKXW0J4fsAuBarUErGiH3oYBdFunXcXXI2vvXpOnXbPtR6rruCMj+myknfMnDQb0QO3Vkt4qR+gSrppkSahXwPYpIWIWLfQrtTfvjapA3sDHgvFghJ4mxzCCI/8phaOzXVt9auxJGAjly5Nw20eEosN7iGGDM32PGDgzeESaWmsegHDb5jWADoXJc5PetbHyEmsbyI9UDbexrOGsrXwGRe3/u2+fnRGiHa3G8myYLW1Ybbfoi4NKUc/BUFOi6Lmyw3eauuE23iE5f+MdEai7gttazeahmr2nzTYwGhn0Hi9f+WgSUdRmk7CpzY3Etp4HE+l2TwtMY9mDjPJxJkA1sRxk++rl01ObmWam+cT5UDVfOGefEpWmUxYtqYT6fCtx9cxMAusGkc+it/fnxVWAxml5o1j9Rpg9jrqCtIQBssmz27lk1aQ6We/gV7d504btci61GMe29D+wBugNVsTkpILZamO070PUDKk53TAf/ikYb8wJ2bA+nqm0RBoz9PGkulJt9lh1LNOx+DC4AbRl53qONKOqE2K5ERZHnkzmZxVJWgbIQ4GS6olfKWbaNLv9op0iVyaaiLEjHR1ZUptTkGx8NZ+KTnJUUwzRz6LDJU+mdEQ6oIze8GGcta40mUjNnJreFNjH+SURsZncZtJshe9I3UHOXWi+y1Z8KecHBZkLTbX7bl+w1WI2peYr945mG1Ff4J1odIlL+S7q9r3NhPt0kG95fgWHHLyEsgYTsHx6cfq7UaWNonZ6nqaUREUkCo9nKHcYT/QMTNxfCr22Bx0kUTrLr4qhZB9s+nejr/N5AIfZ81QdEgZjjzSLg30qqAi/2TDydwZDGAQLFUajnsrEG/AQ3H+w/2QqChPtpGYD9S0cRbJqgT5eKsL9twYWLNER1VJDmoSD1eYMZhea1wjryWYaWOkX5/cKelS1vE/oZoHpjc6vNTebqWuh9JyiCsFWu8dAgOACKEFbwOXMTVYH1UrLbTdXhO7wKu85Qm1ITnAIZhRvO3/jvzP+wpFZQv43p1SmLNZIjFhjD7zBpwiU2ObiylqCwSp9HYpiM2fKRkKyloJELP8LGsgWrrgNStI9IfURhviz0WdqQBU7C6QdObfQUluIbwMZRvjFIJHWjM9A1QczO8fshURPPX9EZm/DmN2BFRpjyrdMV2D6+mXhT4qPhKBDjNBB5l6RHVFiKulcdzk0gwO/SbQDvP1ZKkMmqKeRWyubXj0LAqqferCsZpcqh6VSgc4i3sewvUlcUjJfgrxhOaoe/TbEmZT6nMCo2ziUgh2OyzlXwvf8K+SWUFgJSP9i5bDepuK1wnPyz75x1WTDl7JvGi4Lm10LGiCZdCxgce3uXXgH2DjEgX9ZAlG/OkveW2D/cLQhlEndOdOWPpyiSvWLNuklZRRSDZXu4aOK00uXzpb9ajjy8vzMcDb+O4/qP4Q9h4KGARI3JDYhGmiwq93f4/i+bhLxC2bphXrIchoUOABMv9Fw6vAM1ytFS2+5DDGGjKAVbyaaZmsYfD+XKAOx
    Which of the following is a technique used by pric
  5. Question

    DSVv55rboMK4GCFLk/XpIkX3qdGM0+a8Tc6FfN29ppp7CdNrs8DK12o61Sknb2+nlnvx6yv9FyYGD0WJ4HnEfzrJM8sf2tQCDkwi/ctRmewF6jv/iZ+q4T2W/NglBmbs9Yo7NZeIqxYPT28Rrz5DqI/WJDOYt0aCYxlwt4dQ7gpW69rzK56BFuT1bxcxPpjgzG8z+EWemp6Ui6QoOspbxlmU5sA+3qnBUeSSJoI/+im6dFBpwO2PPkYPT76TDsagn2A8DS9eaBtd6Gjun3XnpCa/+7g7bUwuWZb9QC4fL6sWPdRnhH/4DaNlv6nXwexg+PtLi1Hr84YATK+6QstiY2EtQEVmvpExlKDpX4ByhChhs6SBMvTm/WTIu1JA5Z2iog4o6uyk8Q6+KqX26RME+xcodm1AExlV0dFbgJfjYDOy+LRWqlcOc9kOSqLBSC5HGnK6UCLFIDeeaF59BQK6eSPCljZ1IVPZPm2EfteNjUNjUow8U+lVAzH+VblX32/1DUHgoaVg8bUTdBhdsBj7/MXQKd2Zc7CXfWj61SOLm+G30WXsO9q5CAFzxxV8eBDU4e0O9+tada3lq6KmIV5xYhd1bJIPTQev4COpneuWZVFUhADG3BnZAKw343IxY1xE/CFtNn/GK8cW1zDB69DtF/JzEmW17jALso62xpY60qR7DIK2VQsoPflz8MG0HfP48BFnMEuKjB01VXDigLax9Kpn8hcXZgQ9DYl6RhFm6Fn3fHR43J9h0kgh29H7sS3JNHdPBZAvim9zHcjs5dhQ/xxpTGeo65u+VTQga5iu/fsgdK/VGOy3IuCoab8ST1lhOHUWAwq8KhMqMcczvgjHo17XKXt/eaRLaCpNECAN52GptCTUb5DPhLmH8+64UFSSV+Di4nupoCwpPxg3PZ+LTMc2EuLWZcxYmGPprX8MkAqE/PthcYL+HlUH2lmodjtmrOB5na9Lu65OYrnyXgRuBS/VM50XyL3b0J84acEeQ5R3OxoVIGQct9AjN+xODzw8hY2uejlmDpn+PqI5K8cDiAf/mVaDK5XJrsh5yOmnJBM9MnulIBlExLitnGo=
    A pric