Which of the Following Is Not a Condition of Price

question 24

Multiple Choice

Which of the following is not a condition of price discrimination?

• A)The seller must be a price searcher.
• B)The seller must be able to distinguish among customers who would be willing to pay different prices.
• C)The possibility of arbitrage must not exist.
• D)The seller must have zero fixed costs.
• E)The seller must exercise some control over price.

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Definitions:

Detent Spring

A component used in mechanisms to keep an object in a predetermined position until enough force is applied to move it.

Yoke Seal Race

A sealing surface within a yoke mechanism, where a seal runs to prevent fluid or lubricant leakage.

Crocus Cloth

A fine-grained abrasive cloth used for polishing metal surfaces to a smooth finish, often employed in metalworking and finishing tasks.