Which of These Is NOT a Condition Necessary for Price

question 96

Multiple Choice

Which of these is NOT a condition necessary for price discrimination?

• A) The product cannot be resold to another customer.
• B) The product must be a durable good.
• C) The seller must have some market power.
• D) The price elasticities of demand are different for each group of consumers.

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Definitions:

Appetitive CS

A conditioned stimulus that predicts the arrival of a desirable outcome, often used in research to study how anticipatory behaviors are learned.

Unconditioned Stimulus

A stimulus that innately and spontaneously evokes a reaction without any previous conditioning.

Neutral Stimulus

A stimulus that initially produces no specific response other than focusing attention.

Condition

A broad term that can refer to the state of something, especially in terms of its appearance, quality, or working order; in psychology, it relates to the state of learning or being under specific conditions.