Which of the Following Is a Necessary Condition for Price

question 208

Multiple Choice

Which of the following is a necessary condition for price discrimination to be profitable?

• A) All consumers must have identical preferences.
• B) It must be easy to distinguish consumer groups with differing responses to higher prices.
• C) The seller must face a horizontal demand curve for its product in at least one part of the market.
• D) Both b and c are correct.

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