Multiple Choice
Which of the following conditions is not required for price discrimination?
A) Buyers with different elasticities must be physically separate from each other.
B) The good or service cannot be profitably resold by original buyers.
C) The seller must be able to segment the market, that is, to distinguish buyers with different elasticities of demand.
D) The seller must possess some degree of monopoly power.
Correct Answer:
Verified
Correct Answer:
Verified
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