Which of the Following Is NOT a Condition for a Firm

question 57

Multiple Choice

Which of the following is NOT a condition for a firm to engage in price discrimination?

• A) Consumers are partitioned into two or more types, with one type having a more elastic demand than the other.
• B) The firm has a means of identifying consumer types.
• C) The consumers are sincere in revealing their true natures.
• D) There is no resale market for the good.

---

Definitions:

Excessive Drinking

Consumption of alcohol in amounts that are harmful to an individual's health or well-being.

Budgetary Limitations

Financial constraints that limit the amount of resources available for a project, program, or expenditure.

Program Administrators

Individuals responsible for overseeing and managing the implementation and operation of a program or project.

SMART

An acronym for Specific, Measurable, Achievable, Relevant, and Time-bound, often used as criteria to guide setting objectives and goals, particularly in project management and personal development.