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1. Companies with market power usually prefer to implement price discrimination because Select one: a. charging different prices to people based on their individual demand

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1. Companies with market power usually prefer to implement price discrimination because Select one: a. charging different prices to people based on their individual demand yields more profit. b. their market power makes them complacent and lazy; it is actually less profitable to utilize price discrimination among consumers with different demands than it is to charge a single price to all. c. it is simpler and more efficient to charge a uniform price than to figure out dozens or thousands of different customers' demands. d. most business owners succumb to subconscious forms of racism that result in different prices to different customers, ultimately reducing their overall profit

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