Which of the Following Is NOT Necessary for Price Discrimination

question 354

Multiple Choice

Which of the following is NOT necessary for price discrimination to occur?

• A) The firm must be able to separate the market into identifiable groups.
• B) The firm must be selling a durable good.
• C) The firm must have a downward sloping demand curve.
• D) The firm has to be able to prevent resale of the product or service.

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Definitions:

Role Conflict

Occurs when an individual faces incompatible demands or expectations from different roles they are required to perform.

Position Power

The authority or influence a person has due to their role or position within an organization or group.

Formal Authority

The power granted to an individual or group through official or legal means within an organization or society.

Rewards and Punishments

Mechanisms intended to influence behavior by providing positive or negative consequences for actions.