Multiple Choice
Which of the following is not a precondition for price discrimination?
A) The commodity involved must be a durable good.
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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