To Practice Price Discrimination,a Firm

question 45

Multiple Choice

To practice price discrimination,a firm:

• A)must be facing a relatively elastic demand curve.
• B)must have customers with different elasticities of demand.
• C)must not be able to distinguish between customers based on elasticities of demand.
• D)must not be able to prevent resale of the product.
• E)must be a price taker.

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