2. Indicate whether the following statement is true or false, and explain your answer: Because the potential

Question:

2. Indicate whether the following statement is true or false, and explain your answer: Because the potential profit from perfect price discrimination is always higher than the potential profit from third-degree price discrimination (segmenting), firms that practice third-degree price discrimination must not be maximizing profit.

Fantastic news! We've Found the answer you've been seeking!