Which of the Following Conditions Would Prevent Price Discrimination

question 86

Multiple Choice

Which of the following conditions would prevent price discrimination?

• A)an economic profit
• B)a monopoly market structure
• C)profit maximization
• D)the inability to identify those customers willing to pay more
• E)the ability to prevent low-price customers from reselling to high-price customers

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Definitions:

Directs Behavior

Influences or guides actions and responses of an organism or system in certain situations, often in response to external stimuli or internal states.

Motivated State

A psychological condition in which an individual is driven or moved to behave in a particular way due to internal or external forces.

Physiological Need

A basic bodily requirement that must be met to maintain health and survival, such as the need for food, water, and sleep.

Drive Reduction

A theory in psychology that suggests motivation arises from the desire to reduce internal drives caused by unmet biological needs.