One Necessary Condition for Effective Price Discrimination Is

question 45

Multiple Choice

One necessary condition for effective price discrimination is:

• A) identical tastes among buyers.
• B) difference in the price elasticity of demand among buyers.
• C) a single, homogeneous market.
• D) two or more markets with easy resale of products between them.

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Definitions:

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A rare disorder characterized by intense thirst and the excretion of large amounts of urine, not related to diabetes mellitus, caused by a lack of the antidiuretic hormone (ADH) or a resistance to it.

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The colorless product of bilirubin reduction formed in the intestines by bacterial action.

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The process by which the hemoglobin protein within red blood cells is broken down.

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A specialized culture medium used for isolating Neisseria gonorrhoeae, the bacterium responsible for gonorrhea.