Which of the Following Is Not a Requirement for a Successful

question 164

Multiple Choice

Which of the following is not a requirement for a successful price discrimination strategy?

• A)A firm must have market power.
• B)The firm must be able to prevent consumers who buy a product at a low price from reselling it to other consumers at a high price.
• C)Managers must practice yield management.
• D)Some consumers must have greater willingness to pay for the product than other consumers, and the firm must be able to know what prices consumers are willing to pay.

---

Definitions:

Conj

A conjunction or connecting term that combines sentences or terms in logic or grammar.

Conj

Short for conjunction, a word used to connect clauses or sentences or to coordinate words in the same clause.

MP

A shorthand for Modus Ponens, a logical argument form where if a implies b, and a is true, then b must also be true.

Add

The mathematical operation of combining two or more quantities to get a sum.