Which of the Following Conditions Does Not Need to Be

question 165

Multiple Choice

Which of the following conditions does not need to be satisfied in order to practice price discrimination?

• A)a perfectly elastic demand curve
• B)a negatively-sloped demand curve for the firm's output
• C)the ability to identify customers who are willing to pay more for the good
• D)the ability to identify customers who are not willing to pay more
• E)the ability to prevent resale of the good

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Definitions:

Variations

Differences or deviations in instances or items from a common standard or form.

Physiological Disease

A disease or disorder that involves the functioning of organs and biological systems within the body.

Paralanguage

The non-verbal elements of communication used to convey emotion and nuance in spoken language, such as tone, pitch, volume, and speed.

Nonverbal Communication

Involves the transmission of messages or signals through a non-linguistic means, such as facial expressions, body language, and gestures.