Which of the Following Conditions Would Prevent Price Discrimination

question 86

Multiple Choice

Which of the following conditions would prevent price discrimination?

• A)an economic profit
• B)a monopoly market structure
• C)profit maximization
• D)the inability to identify those customers willing to pay more
• E)the ability to prevent low-price customers from reselling to high-price customers

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Definitions:

Cash Short And Over

An account that records discrepancies between actual cash received and the expected amount, either indicating missing funds (short) or excess funds (over).

Journal Entry

A journal entry is a record of a financial transaction in the accounting books, indicating the accounts and amounts to be debited and credited.

Outstanding Checks

Checks that have been written and recorded in the account ledger but not yet cleared or cashed by the bank.

EFT Deposit

An electronic funds transfer deposit, which represents the digital transfer of money into a bank account.