Which of the Following Is Needed for Successful Price Discrimination

question 14

Multiple Choice

Which of the following is needed for successful price discrimination?

• A)The firm must have a high market share.
• B)The firm must have more than one product line.
• C)The firm must be able to engage in arbitrage.
• D)The firm must have some consumers whose demand is relatively price inelastic.

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Definitions:

Ecofeminist

A movement that combines ecological concerns with feminist perspectives, emphasizing the link between the exploitation of nature and the oppression of women.

Agricultural Societies

Human communities primarily engaged in farming and cultivation, relying on agriculture as their main source of food and income.

Human Centredness

An approach or perspective that places human beings at the center of considerations, often in the context of design, technology, or ethics.

Stewardship Worldview

A philosophy that emphasizes responsible management and care for the natural environment and resources.