Which is NOT a necessary condition for price discrimination to exist?

A) The firm must face a downward sloping demand curve.
B) The firm must identify buyers with different elasticities of demand.
C) The firm must be able to prevent resale of the product or service.
D) The firm must establish different prices to reflect marginal cost.

D

Economics

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The M2 multiplier in the United States is currently about

A) 16. B) 23. C) 4. D) 50. E) 1.

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All countries have a per capita GDP of less than $300 EXCEPT

A. Brazil. B. Liberia. C. Democratic Republic of Congo. D. Burundi.

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