Which of the Following Statements Is True

question 14

Multiple Choice

Which of the following statements is true?

• A) Firms that can identify two types of consumers can price-discriminate perfectly.
• B) Firms can price-discriminate only if there is zero competition in the market.
• C) Firms that price-discriminate will not reach higher profits.
• D) Firms that can prevent reselling can engage in price discrimination.
• E) Firms can usually price-discriminate if they are in a perfectly competitive market.

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Definitions:

Attractiveness

The quality of being appealing to the senses, mind, or feelings, often used in the context of personal or product appeal.

Recruitment Function

The process and activities related to identifying, attracting, evaluating, and hiring individuals to fill job vacancies within an organization.

Organization Size

Refers to the magnitude of an organization in terms of human resources, budget, physical space, and capacity, which can impact its structure, capabilities, and performance.