To Be Able to Price Discriminate,a Firm Must

question 164

Multiple Choice

To be able to price discriminate,a firm must

• A) have a public franchise.
• B) be a natural monopoly.
• C) be able to prevent resales of its good.
• D) have a patent.
• E) have an ownership barrier to entry.

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Definitions:

Distrust

The feeling of uncertainty or lack of confidence in someone or something.

Violent Tendencies

Refers to patterns of behavior inclined towards aggression or physical harm to others.

Abusive Relations

Relationships characterized by patterns of harmful or coercive behaviors used by one partner to maintain power over another.

Premeditated

Planned or thought out in advance, involving deliberate intent.