Which Is One of the Conditions That Must Be Realized

question 145

Multiple Choice

Which is one of the conditions that must be realized before a seller finds that price discrimination is workable?

• A) The demand for the product is perfectly elastic so any price can be charged for the product.
• B) The seller must be able to segregate buyers based on a willingness to pay.
• C) The buyer must be able to resell the product at a higher price to other consumers.
• D) The product must be a service because demand is more elastic for services.

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