Multiple Choice
Which of the following is a necessary condition for price discrimination to be profitable?
A) All consumers must have an identical demand for the product.
B) Groups of consumers with different demand elasticities must be easily distinguishable.
C) The market demand for the product must be highly elastic.
D) It must be possible for buyers to resell the product at a low cost.
Correct Answer:
Verified
Correct Answer:
Verified
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