For a Monopolist to Practice Price Discrimination, One Necessary Condition

question 101

Multiple Choice

For a monopolist to practice price discrimination, one necessary condition is that the product offered for sale must be:

• A) high quality.
• B) expensive.
• C) cheap.
• D) impossible or difficult to resell.

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Definitions:

National Self-help

The encouragement and support for individuals and communities to achieve improvements in their lives primarily through their own efforts.

Heart Surgery

A medical procedure performed on the heart or its vessels to correct congenital defects, repair or replace heart valves, unclog arteries, or treat heart diseases.

Grassroots Affiliations

Organizations or movements that originate from the local or community level, typically lacking centralized leadership and emphasizing volunteer-based participation.

Large

Referring to something of significant size, extent, or capacity.