Which Is NOT a Necessary Condition for Price Discrimination to Exist

question 307

Multiple Choice

Which is NOT a necessary condition for price discrimination to exist?

• A) The firm must face a downward sloping demand curve.
• B) The firm must identify buyers with different elasticities of demand.
• C) The firm must be able to prevent resale of the product or service.
• D) The firm must establish different prices to reflect marginal cost.

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Definitions:

Encopresis

A condition in children characterized by the involuntary passage of feces, typically associated with chronic constipation.

Elimination Disorders

Psychiatric conditions involving problems with bowel or bladder control, including enuresis and encopresis, primarily in children.

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A sleep disorder causing feelings of terror or dread, commonly involving screaming, flailing, and intense fear during sleep, more often in children.

Somnambulism

A sleep disorder known as sleepwalking, where the person walks or performs other complex behaviors while still asleep.