this is a a quiz with multiple choice i had to take multiple screenshoot to show everything please

1. Price discrimination is Price discrimination is O paying different wages to different workers based on irrelevant characteristics as gender 0 charging higher prices to some customers and lower prices to other customers 0 the practice of rms gathering information on consumers' preferences and responsiveness of consumers to rapidly adjust prices 0 buying a product in one market at a lowI price and reselling it in another market at a higher price buying a product at a lower price than the equilibrium price 10. Perfect price discrimination is... What is perfect price discrimination? charging customers a price equal to consumer surplus charging customers different prices across time charging customers who are less price sensitive a higher price and customers who are more price sensitive a lower price charging every customer a different price equal to his/her willingness to pay OOOO charging customers who have less elastic demand a lower price and customers with a more elastic demand a higher price 11. Perfect price discrimination is... Perfect price discrimination is O likely to occur because it results in economic efficiency O likely to occur because it results in higher profits O unlikely to occur because firms are typically able to keep consumers who buy a product at a lower price from reselling to consumers with a higher willingness to pay O unlikely to occur because firms typically do not know how much each consumer is willing to pay12. Market efficiency and perfect price discrimination Perfect price discrimination is O inefficient because it converts a portion of consumer surplus into producer surplus O efficient because it converts into producer surplus what had been consumer surplus and deadweight loss O efficient because it converts what would have been deadweight loss into consumer and producer surplus O inefficient because it results in no consumer surplus2. Price discrimination requirements What is required for a firm to successfully engage in price discrimination? the firm has market power the firm must be able to engage in arbitrage the price consumers are willing to pay is unknown the consumers have the same willingness to pay 00000 the firm is unable to divide up the market between consumers 3. Arbitrage is Arbitrage is ... O charging higher prices to some consumers and lower prices to other customers O buying a product at a lower price than the equilibrium price O buying a product in one market at a low price reselling it in another market at higher price O the practice of firms gathering information on consumers' preferences and responsiveness of consumers to rapidly adjust prices paying different wages to different workers based on irrelevant characteristics such as gender4. Apples and Amy Part 1 Suppose Oregon has many apple trees and the price of apples is low. Nevada has few apple trees and the price of apples is high. If Amy buys low- priced apples in Oregon and ships them to Nevada where she resells them at a higher price, Amy is practicing ... O arbitrage O perfect competition O marginal utility per dollar spent maximization O employment discrimination O predatory lending5. Apples and Amy Part 2 Suppose Oregon has many apple trees and the price of apples is low. Nevada has few apple trees and the price of apples is high. Amy buys low-priced apples in Oregon and ships them to Nevada where she resells them at a higher price. Is Amy exploiting her customers in Nevada? O Yes, Amy's actions increase apple prices in Nevada O No, Amy is not earning profits O Yes, Amy's actions increase apple prices in Oregon O No, customers in Nevada voluntarily buy apples from Amy6. Apples and Amy Part 3 Suppose Oregon has many apple trees and the price of apples is low. Nevada has few apple trees and the price of apples is high. Amy buys low-priced apples in Oregon and ships them to Nevada where she resells them at a higher price. Is Amy likely earning long-run economic profits? O Amy will earn long-run economic profits if other firms begin buying apples in Oregon to resell in Nevada O Amy will earn long-run economic profits if she is the first to resell Oregon apples in Nevada O Amy will earn long-run economic profits if other firms can engage in arbitrage in the apple market. O Amy will not earn long-run economic profits if other firms can engage in arbitrage in the apple market7. Limits to price discrimination Suppose a firm engages in price discrimination to increase its profits. What potentially limits price discrimination? O there are high barriers to entry in the firm's market demand for the firm's product is relatively inelastic O consumers who can buy a good at a low price resell it to consumers who would otherwise have to pay a higher price O the firm experiences economies of scale such that its average costs decrease with output8. Price discrimination is Price discrimination occurs when firms charge a higher price to customers whose demand is less elastic and lower prices to customers whose demand is more elastic O firms charge a higher price for a product when it is first introduced and a lower price later O firms charge different customers different prices based on each customer's willingness to pay O all of the above9. To practice price discrimination Under what circumstances can a rm successfully practice price discrimination? To successfully practice price discrimination, some customers must have a greater willingness to pay for the product than others arbitrage must be possible the firm must not have market power OOO all of the above