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fill in the blanks 3. Fill in the blanks to make the following statements correct. a. A ski-lift ticket on a Wednesday is cheaper than

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3. Fill in the blanks to make the following statements correct. a. A ski-lift ticket on a Wednesday is cheaper than the same ticket on a Saturday. This is probably an example of b. A firm is more likely to be able to price discriminate if it has some market the firm is able to determine the to pay of various consumers; and if it can prevent c. The most common form of price discrimination is between different of the market. A price discriminating firm will maximize profits by charging higher prices in those segments with elastic demand. d. If a monopoly is able to price discriminate among units, it is profit maximizing for that firm to total output beyond the monopoly level. Total economic surplus and the outcome is more

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