One Requirement for a Firm Pursuing a Price-Discrimination Strategy Is

question 126

Multiple Choice

One requirement for a firm pursuing a price-discrimination strategy is the ability to segment the market for its product.This means that

• A)the firm must set different prices for different regions where the product is sold.
• B)the firm must be willing to offer price discounts for senior citizens and children.
• C)the firm must be able to divide the market in a way that makes arbitrage impossible.
• D)the firm must choose a marketing strategy that appeals to different segments of the economy.

---

Definitions:

Eyespots

Photoreceptor cells in some unicellular organisms that allow them to detect light, aiding in survival by guiding movements towards or away from light sources.

Leeches

Blood-sucking or carnivorous aquatic or terrestrial worms, belonging to the class Hirudinea.

Setae

Bristle-like structures found on the bodies of some animals, such as insects and earthworms, used for sensation, locomotion, or attachment.

Chelicerae

A pair of appendages in front of the mouth in arachnids and some other arthropods, serving as fangs or pincers.