Which of the Following Is a Necessary Condition for Perfect

question 71

Multiple Choice

Which of the following is a necessary condition for perfect price discrimination?

• A) The firm must have very good information about its customers.
• B) The firm can only have one market.
• C) The demand curve for the product must be inelastic.
• D) The firm must have no competition.

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Definitions:

Cross-Sex Friendships

Friendships between individuals of different gender identities, which may provide unique insights and perspectives.

Same-Sex Marriage

The legally or socially recognized marriage of two individuals of the same sex or gender identity.

Emerging Adults

Refers to individuals in their late teens through twenties, navigating the transition from adolescence to full-fledged adulthood.

Successful Marriage

A partnership characterized by mutual satisfaction, understanding, and long-term stability between spouses.