Which of the Following Are Necessary Condition(s) for Successful Price

question 231

Multiple Choice

Which of the following are necessary condition(s) for successful price discrimination? a. zero transaction cost
B. a perfectly competitive market structure
C. an imperfectly competitive market structure
D. at least two different markets with different price elasticities of demand
E. at least two different markets with different price elasticities of supply

• A) a, b, and d only
• B) c and d only
• C) a, c, d and, e only
• D) a and c only

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Definitions:

Simple Moving Average

A mathematical method used in finance and economics to calculate the average of a selected range of prices or quantities over a specific period of time.

Exponential Smoothing

Exponential smoothing is a forecasting technique that applies decreasing weights to past observations, with more recent data given more significance.

Holt's Method

A forecasting technique that extends exponential smoothing to capture trends in historical data, used in time series analysis.

Effective Forecasting

The process of predicting future trends, demand, and events accurately using historical data, statistical models, and market analysis to inform decision-making.