Which of the Following Statements Is Correct

question 142

Multiple Choice

Which of the following statements is correct?

• A) Any firm can price discriminate.
• B) Only firms that sell high-priced products can price discriminate.
• C) In order to price discriminate, a firm must sell a good or service that cannot be resold.
• D) In order to price discriminate, the firms must sell a low-priced product.
• E) Price discrimination is always illegal.

---

Definitions:

Fear of Failure

The apprehension or anxiety experienced by individuals when facing potential failure, which can inhibit risk-taking and innovation.

Process Inadequacy

Occurrences when established methodologies or procedures fail to produce the desired outcomes, indicating a need for refinement or replacement.

CBI Insights

A data analysis firm that provides market intelligence, analysis, and predictions for businesses, especially focusing on emerging technologies and startup ecosystems.

Wrong Processes

Inefficient or incorrect procedures or methods that hinder achieving objectives or optimal performance.