Which of the Following Is NOT Necessary in Order for a Monopolist

question 247

Multiple Choice

Which of the following is NOT necessary in order for a monopolist to practice effective price discrimination?

• A) The marginal cost of providing the same good to different groups of buyers must be different.
• B) The monopolist must be able to segregate its market into different submarkets.
• C) The buyers in various markets must face different price elasticities of demand.
• D) The monopolist must have a downward sloping demand curve.

---

Definitions:

Diversity Advantage

The competitive edge that organizations can gain by having a diverse workforce, embracing multiple perspectives, experiences, and backgrounds.

Organisational Asset

Any valuable resource owned by an organization that can be used to create advantage, including physical, intangible, or human resources.

High Performance Organisations

Organizations that consistently outperform their peers in key metrics such as profitability, innovation, and employee satisfaction, often due to effective management and operational excellence.

Equal Employment Opportunity

Policies and practices that ensure all individuals have a fair chance at employment and advancement without discrimination.