Which of the Following Is Not a Condition for Price

question 29

Multiple Choice

Which of the following is not a condition for price discrimination?​

• A)A downward-sloping demand curve for products
• B)The presence of strong diseconomies of scale
• C)The presence of different groups of buyers with different price elasticity of demand
• D)The absence of a scope for reselling a product
• E) The presence of some amount of market power with a producer

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Definitions:

Group Norms

The unwritten rules and expectations that guide behavior within a group, influencing how members act, communicate, and interact.

Social Stereotypes

Widely held beliefs or oversimplifications about the traits, behaviors, and characteristics of certain groups or categories of people.

Role Congruity Theory

Mainly applied to the gender gap in leadership – because social stereotypes of women are inconsistent with people’s schemas of effective leadership, women are evaluated as poor leaders.

Gender Gap

The disparity in outcomes or attitudes between men and women, often observed in political, economic, or social contexts.