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Jillian is the owner of the only merchandise store, which sells shirts and albums of various South Korean artist groups, in a small town. Due
Jillian is the owner of the only merchandise store, which sells shirts and albums of various South Korean artist groups, in a small town. Due to the global popularity of Korean music and arts, Jillian saw a huge rise in the sales of her merchandise compared to the supply of merchandise she's getting from her manufacturer. She then decides to price discriminate to increase her revenues. Which of the following statements is true? Jillian can use peak load pricing Jillian cannot price discriminate since she does not have any pricing power. Jillian will find it easy to price discriminate because arbitrage opportunities are possible. Jillian's producer surplus does not increase if she price discriminates against her customers, None of the above are true
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