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

Understand the importance and process of conducting a SWOT analysis in strategic marketing.

Recognize the steps involved in the planning phase of the strategic marketing process.

Identify the elements of the marketing mix and their role in marketing strategy.

Understand market segmentation and the concept of customer value proposition.

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Definitions:

Cost Conditions

The various expenses that firms face related to the production and sale of goods or services, including raw materials, labor, and overhead costs.

Maximum Profit

The highest possible financial gain that a business can achieve from its operations.

Per Month

A time period measurement, indicating the recurrence or calculation of a particular action or data on a monthly basis.

Monopolist

A single seller in a market who has significant control over the entire market for a product or service, often able to influence price.