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ID: A 9. When a monopolist is able to sell its product at different prices, it is engaging in a quality adjusted pricing. b.Multiple Choice Identify the letter of the choice that best completes the statement or answers the question. 1. A fundamental

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ans 9=option c=price discrimination

Price discrimination occurs when a company charges a different price to different clusters of customers for an identical commodity, for reasons not linked to costs of supply.

ans 10=option b

ans 11=option b

ans 12=option c

ans 13=option b

ans 14=option d

ans 15=option c

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