Which of the Following Is NOT a Requirement for a Firm

question 228

Multiple Choice

Which of the following is NOT a requirement for a firm to be able to price discriminate?

• A) monopoly power
• B) groups of customers with different willingness to pay for the good
• C) economies of scale
• D) ability to keep the members of different customer groups separate
• E) ability to prevent resales of the product by customers

---

Definitions:

Brutally Remorseless

Describes an individual or action that is extremely cruel without any sign of regret or guilt.

Violent Crimes

Acts of crime that involve force or threat of force against others, including robbery, assault, and murder.

Radically Impulsive

Characterized by sudden and unreflective actions or decisions, often without consideration of consequences.

Policy Analysis

The process of evaluating and analyzing public policies to understand their impact, effectiveness, and potential improvements.