Which of the Following Is Not a Precondition for Price

question 386

Multiple Choice

Which of the following is not a precondition for price discrimination?

• A)The commodity involved must be a durable good.
• B)The good or service cannot be profitably resold by original buyers.
• C)The seller must be able to segment the market, that is, to distinguish buyers with different elasticities of demand.
• D)The seller must possess some degree of monopoly power.

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Definitions:

Postage Stamps

Adhesive paper evidence for payment of postage, used to indicate that the postage fee for sending an item through the postal service has been paid.

Accountant

A professional who manages, audits, and analyzes financial records and transactions for individuals, businesses, and organizations.

Ledger

A-book or digital record that summarizes and categorizes all financial transactions of a business during an accounting period.

Normal Debit Balance

The expected balance type of an account based on conventional accounting rules; assets and expenses usually have a normal debit balance.