In Which Market Structure Is It Not Possible to Practice

question 4

Multiple Choice

In which market structure is it not possible to practice price discrimination?

• A)perfect competition
• B)monopolistic competition
• C)oligopoly
• D)monopoly

---

Definitions:

High Blood Pressure

A medical condition where the blood pressure in the arteries is persistently elevated, which can lead to serious health issues if not managed properly.

Margin of Error

An expression of the amount of random sampling error in a survey's results, which describes how closely the sample estimate matches the true value in the whole population.

Liberal Party

A political party that generally advocates for policies promoting social welfare, individual rights, and government intervention in the economy to promote social justice.

Confidence Interval

A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter, with a specified level of confidence.