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bmitted Apr 26 at 9:48am Which of the following statements about perfect price discriminati is false? There is no consumer surplus if a firm engages

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bmitted Apr 26 at 9:48am Which of the following statements about perfect price discriminati is false? There is no consumer surplus if a firm engages in perfect price discrimination. Perfect price discrimination occurs when the seller charges the highest price each consumer would be willing to pay for the product. A condition for perfect price discrimination is that it must be costlier to service some customers than others. For the price-discriminating firm, its marginal revenue curve coincides with its demand curve

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