- CFA Exams
- CFA Level I Exam
- Topic 2. Economics
- Learning Module 9. The Firm and Market Structures
- Subject 6. Price Discrimination
CFA Practice Question
When a price-discriminating monopolist offers a senior discount, its total profit is likely to be ______.
B. higher than the total profit obtained from a single-price policy
C. the same as the total profit obtained from a single-price policy
A. lower than the total profit obtained from a single-price policy
B. higher than the total profit obtained from a single-price policy
C. the same as the total profit obtained from a single-price policy
Correct Answer: B
Price discrimination results in higher profit.
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