Which of the following conditions does not need to be satisfied in order to practice price discrimination?
a. a perfectly elastic demand curve
b. a negatively-sloped demand curve for the firm's output
c. the ability to identify customers who are willing to pay more for the good
d. the ability to identify customers who are not willing to pay more
e. the ability to prevent resale of the good
A
Economics
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If the central bank buys foreign assets,
A) the domestic monetary base will decline. B) domestic short-term interest rates will decline. C) the foreign-exchange value of the domestic currency will rise. D) its holdings of international reserves will rise.
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