In Which Market Structure Is It Not Possible to Practice

question 4

Multiple Choice

In which market structure is it not possible to practice price discrimination?

• A)perfect competition
• B)monopolistic competition
• C)oligopoly
• D)monopoly

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Definitions:

Pleasurable Events

Activities or occurrences that induce a state of enjoyment or happiness.

Circular Reasoning

A logical fallacy in which the conclusion of an argument is used as a premise of the same argument.

Weak Analogy

A flawed argument in which two items being compared are not sufficiently similar in relevant aspects.

Circular Reasoning

A logical fallacy in which the conclusion is supported by premises that assume the conclusion's truth, thus not providing any actual evidence.