Which of the Following Is a Necessary Condition for Price

question 208

Multiple Choice

Which of the following is a necessary condition for price discrimination to be profitable?

• A) All consumers must have identical preferences.
• B) It must be easy to distinguish consumer groups with differing responses to higher prices.
• C) The seller must face a horizontal demand curve for its product in at least one part of the market.
• D) Both b and c are correct.

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Definitions:

Tidal Volume

The volume of air moved into or out of the lungs during normal breathing.

Surface Area

The total area that the surface of an object occupies, critical in various physical, chemical, and biological processes due to its role in interactions with the environment or other objects.

Parabronchi

Tubular structures within the lungs of birds through which air flows, allowing for efficient gas exchange during both inhalation and exhalation.

Anterior Air Sacs

Air-filled structures part of the avian respiratory system, located near the front of the bird's body, involved in the storage and movement of air through the lungs.