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Many electric power companies are natural monopolies. They use different pricing strategies to increase their profit. Assume that an electric power company uses block pricing

Many electric power companies are natural monopolies. They use different pricing strategies to increase their profit. Assume that an electric power company uses block pricing for electricity sales. Block pricing is an example of Group of answer choices first-degree price discrimination second-degree price discrimination third-degree price discrimination Block pricing is not a type of price discrimination

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