Which of the Following Is NOT a Necessary Condition for Price

question 100

Multiple Choice

Which of the following is NOT a necessary condition for price discrimination?

• A) Preventing resale of the product
• B) Downward sloping demand curve
• C) Separating markets for the good
• D) Having a constant marginal cost

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Definitions:

Deception

The act of concealing or misrepresenting the truth to manipulate or cheat.

Distributive Negotiation

Distributive Negotiation is a negotiation approach where parties believe that there is a limited amount of resources or value to be divided, leading to a win-lose scenario where the gain of one party is at the expense of the other.

Enlightened Self-Interest

Acting to further the interests of others, ultimately benefiting oneself as a result.

Competitive Motivation

Refers to the drive or urge to achieve superiority or victory over others in a situation or activity, especially where resources or rewards are limited.