Which of the Following Conditions Would Prevent Price Discrimination

question 204

Multiple Choice

Which of the following conditions would prevent price discrimination?

• A)the ability to identify customers who are willing to pay more
• B)the ability to prevent low-price customers from reselling to high-price customers
• C)perfect competition
• D)a monopoly market structure
• E)profit maximization

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Definitions:

Common Ratio

In a geometric sequence, the consistent factor by which each term is multiplied to produce the next term.

Geometric Sequence

A geometric sequence is a sequence of numbers where each term after the first is found by multiplying the previous one by a fixed, non-zero number called the common ratio.

Common Ratio

In a geometric sequence, the constant factor by which each term is multiplied to get the next term.

Geometric Sequence

A series of numbers in which each subsequent number is obtained by multiplying the preceding number by a constant, non-zero value known as the common ratio.