Which of the Following Conditions Must Be True So That

question 92

Multiple Choice

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

• A) There are no other firms in the market.
• B) The good is a non-durable.
• C) The good cannot be easily resold.
• D) All of the above.

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Definitions:

Carrying Amount

The value of an asset or liability according to a company's balance sheet, factoring in depreciation, impairment, and amortization.

List Price

The manufacturer's suggested retail price of a product before any discounts or allowances are taken into account.

Fair Value

Fair Value is the estimated market price of an asset or liability, reflecting what a willing buyer would pay a willing seller in an arm's length transaction.

Nonmonetary Productive Assets

Physical or tangible assets that do not have a fixed monetary value but contribute to the production capacity of a business.