Which Is NOT a Necessary Condition for Price Discrimination to Exist

question 307

Multiple Choice

Which is NOT a necessary condition for price discrimination to exist?

• A) The firm must face a downward sloping demand curve.
• B) The firm must identify buyers with different elasticities of demand.
• C) The firm must be able to prevent resale of the product or service.
• D) The firm must establish different prices to reflect marginal cost.

Understand the computation and implications of the operating cycle and how it affects company liquidity.

Gain insights into the calculation of total asset turnover and its role in assessing operational efficiency.

Master the evaluation of a company's profitability through net income, income tax expense, and interest expense analysis.

Comprehend the significance of equity multiplier as a measure of financial leverage.

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Definitions:

High Need for Achievement

A personal characteristic that denotes a strong desire to perform challenging tasks well and meet personal standards for excellence.

Moderately Difficult

Describes a task or challenge that requires substantial effort or skill but is not so hard that it becomes overwhelming or unachievable.

External Events

Occurrences outside an organization that might impact its operations, strategy, or performance, such as economic changes, natural disasters, or regulatory shifts.

McGregor's Theory Y

A management theory that suggests employees are inherently motivated and will fulfill their work and responsibilities without coercion if provided with the right conditions.