Multiple Choice
Which of the following is not a necessary condition for effective price discrimination?
A) The firm must face a downward-sloping demand curve.
B) There must be at least two distinguishable groups of consumers.
C) The producer must be a pure monopolist.
D) The seller must be able to prohibit buyers from easily reselling the product to other potential buyers.
Correct Answer:

Verified
Correct Answer:
Verified
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