One of the Conditions Under Which Price Discrimination Is Profitable

question 63

Multiple Choice

One of the conditions under which price discrimination is profitable is:

• A)ability to identify consumer types.
• B)inability to resell the good.
• C)differences in demand elasticities.
• D)all of the statements associated with this question are correct.

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Definitions:

Birth Cohort

A group of individuals born within a specific time period who experience particular social and historical events at a similar stage in life.

Authoritarianism

A governing or leadership style characterized by absolute or blind obedience to authority, as against individual freedom and related to the expectation of unquestioned obedience.

Neuroticism

A personality trait characterized by sadness, moodiness, and emotional instability.

Conscientiousness

A personality trait characterized by being thorough, careful, or vigilant; it implies a desire to do a task well.