In Which Market Structure Is It Not Possible to Practice

question 226

Multiple Choice

In which market structure is it not possible to practice price discrimination?

• A)Perfect competition
• B)Monopolistic competition
• C)Oligopoly
• D)Monopoly

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Definitions:

Narcissists

Individuals characterized by a pervasive pattern of grandiosity, a constant need for admiration, and a lack of empathy for others.

Positive Consequences

Beneficial or favorable outcomes that result from a specific action or set of actions.

Openness to Experience

A personality trait characterized by an appreciation for art, emotion, adventure, unusual ideas, imagination, curiosity, and variety of experience.

Conscientiousness

A personality trait characterized by diligence, carefulness, and a high level of organization and responsibility.