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.

---

Definitions:

Abnormal Psychology

The study of psychological disorders and abnormal behavior, focusing on understanding the nature, causes, and treatments of mental health issues.

Double-Blind

An experimental procedure in which neither the participants nor the experimenters know who is receiving the treatment versus the control, to prevent bias.

Experimental Group

In scientific research, the group of subjects who receive the treatment or intervention being tested, as opposed to a control group.

Control Group

In experimental research, a group of subjects that does not receive the experimental treatment and is compared to the group that does, to measure the effect of the treatment.