Which Is Not True of Price Discrimination

question 360

Multiple Choice

Which is not true of price discrimination?

• A)Successful price discrimination requires that different segments of the market have different demand elasticities.
• B)Successful price discrimination will provide the firm with more profit than if it does not discriminate.
• C)Successful price discrimination implies that the producer can separate customers into easily identifiable groups.
• D)Successful price discrimination will generally result in a lower level of output than would be the case under a single-price monopoly.

---

Definitions:

Target Public

The specific group of people at whom public relations or marketing activities are directed, often a key audience for a company or organization.

Social Proof

The psychological phenomenon where people assume the actions of others in an attempt to reflect correct behavior for a given situation.

Group Conformity

The phenomenon where individuals in a group tend to match their beliefs, attitudes, and behaviors to those of the group.

Cialdini

Refers to Robert Cialdini, renowned for his research in the psychology of persuasion and how it is applied in marketing and influence strategies.