Successful Price Discrimination Requires

question 15

Multiple Choice

Successful price discrimination requires:

• A) the ability to prevent transfers among customers in different submarkets.
• B) inelastic demand in each submarket.
• C) constant marginal costs.
• D) identical price elasticities among submarkets.

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Definitions:

Human Capital

The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or the community.

Management Inventories

Tools or databases that track managerial skills and capabilities within an organization to aid in strategic planning and deployment.

Internal and External Sources

The origins of information or resources within (internal) or outside (external) an organization.

Internal HR Supply

Refers to the sourcing of human resources from within the organization to fill vacancies or new positions.