Which of the Following Is Not a Precondition for Price

question 132

Multiple Choice

Which of the following is not a precondition for price discrimination?

• A) The commodity involved must be a durable good.
• B) The good or service cannot be resold by the original buyers.
• C) The seller must be able to distinguish buyers with different elasticities of demand.
• D) The seller must possess some degree of monopoly power.

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Definitions:

Fluidity

The quality of being adaptable or variable, often used in the context of gender or sexuality to describe experiences that don't fit into fixed categories.

Salience

The quality of being particularly noticeable or important; the state of being prominent in the mind or in a situation.

Homogeneity

The quality or state of being all the same or all of the same kind, often used to describe a population or group with minimal diversity.

Nutritional Needs

The essential nutrients required by the body for growth, maintenance, and proper functioning, including vitamins, minerals, carbohydrates, proteins, and fats.