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Is Price Discrimination beneficial to Society?

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Question

Is Price Discrimination beneficial to Society?

Very Short Answer
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Solution

Price Discrimination is beneficial to society in the following manner:

  1. Beneficial to the poor.
  2. Public utility services.
  3. Full utilisation of Resources.
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Chapter 14: Price Output Determination Under Monopoly - TEST QUESTIONS [Page 14.16]

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R. K. Lekhi and P. K. Dhar Economics [English] Class 12 ISC
Chapter 14 Price Output Determination Under Monopoly
TEST QUESTIONS | Q A. 7. | Page 14.16
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