If a Firm Is Unable to Distinguish Which of Their

question 19

Multiple Choice

If a firm is unable to distinguish which of their buyers has inelastic demand and which has a relatively elastic demand, then the firm will be unable to price discriminate because they will:

• A) not know how much of the product to offer for sale.
• B) not know enough about their customer base to prevent resale.
• C) not know which price to charge which customer.
• D) not know how many of their customers will buy the product when it is offered for sale.
• E) be unable to predict how much of their sales will be retained as profit.

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