Which of the Following Conditions Must Be True So That

question 109

Multiple Choice

Which of the following conditions must be true so that a firm can profitably price discriminate?

• A) The firm must be able to identify individual or groups of consumers with different demand curves.
• B) The firm must be able to identify how its consumers' demand curves differ.
• C) The good cannot be easily resold.
• D) All of the above.

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Definitions:

Net Income

The total earnings of a company after deducting all expenses, taxes, and losses, representing the profit for the period.

Income Statement

A financial document detailing a company's revenue, expenses, and profit over a specific period.

Expenses

The costs incurred in the operation of a business or the execution of a specific project.

Assets

Resources owned or controlled by a business or individual that are expected to produce economic value or benefit in the future.