In Order for Price Discrimination to Work,three Conditions Must Be

question 87

Multiple Choice

In order for price discrimination to work,three conditions must be fulfilled.Which of the following is not one of those conditions?

• A)The seller must be able to identify and separate different groups of buyers.
• B)The different groups of buyers must have different elasticities of demand.
• C)The product must be a necessity.
• D)It must be impossible to resell the product.

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Definitions:

Harsh Discipline

Punitive measures used to correct or control behavior, often involving severity or strictness, that can have negative psychological impacts.

Affection

A feeling of fondness or liking for someone or something, often displayed through physical or verbal expressions.

Reactive Aggression

A form of aggressive behavior that is prompted in response to a perceived threat or frustration, often impulsive and emotional rather than premeditated.

Overt Aggression

A form of aggressive behavior that is openly displayed and directly targeted towards someone, often involving physical or verbal hostility.