Which of the Following Is Necessary in Order for a Firm

question 43

Multiple Choice

Which of the following is necessary in order for a firm to successfully practice price discrimination?

• A)The firm must practice product differentiation.
• B)The demand for the firm's product is inelastic.
• C)The firm must be able to segment the market for the product.
• D)The firm's transactions costs must be zero.

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Definitions:

Polar Covalent Bond

A type of chemical bond where a pair of electrons is unequally shared between two atoms, resulting in a distribution of charge.

Molecules

Collections of atoms linked in a way that forms the smallest essential part of a chemical compound capable of participating in a chemical reaction.

Carbon-Hydrogen Bond

A chemical bond between carbon and hydrogen atoms, foundational to organic molecules.

Ethane

A simple alkane with two carbon atoms, used as a precursor in the production of ethylene for plastics and other chemical products.