Question: Classify the statements as either true or false. False True Answer Bank Perfect price discrimination occurs when perfectly competitive firms charge some people higher prices

Classify the statements as either true or false.
False
True
Answer Bank
Perfect price discrimination occurs when perfectly competitive firms charge some people higher prices than others.
Price discrimination is illegal under all circumstances.
Price discrimination only occurs with monopolies that have falling average costs.
Airlines are often able to price discriminate.
Classify the statements as either true or false.

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