In Order to Engage in Price Discrimination, a Monopolist Has

question 129

Multiple Choice

In order to engage in price discrimination, a monopolist has to be able to determine that there are different groups of consumers that have different ________ for the product.

• A) income elasticities of demand
• B) price elasticities of demand
• C) cross elasticities of demand
• D) All of the above are correct.

---

Definitions:

World Wide Web

A global system of interconnected documents and other resources, linked by hyperlinks and URLs, accessible via the internet.

Federal Agencies

Governmental bodies of the United States that operate at the national level, performing administrative, regulatory, or supervisory functions.

Pending Legislation

Proposed laws or amendments that have been introduced to a legislative body but have not yet been enacted into law.

Patents And Trademarks

Legal protections for inventions (patents) and recognizable signs, designs, or expressions (trademarks) that distinguish products or services.