Multiple Choice
The table given below shows the price, marginal revenue and marginal cost of a monopolist at different levels of the output. The firm does not incur a fixed cost of production.Table 11.4
-Which of the following is not a necessary condition for price discrimination?
A) The firm must be a price maker.
B) The firm must be able to distinguish between customers.
C) The firm must be able to prevent resale of a product between customers.
D) The firm must be able to produce homogeneous products.
E) The firm must have a downward-sloping demand curve.
Correct Answer:

Verified
Correct Answer:
Verified
Q40: The figure given below shows the cost
Q41: The figure given below shows the cost
Q42: The table given below shows the prices
Q43: The figure given below shows the cost
Q44: The figure given below shows the demand
Q46: The figure given below shows the aggregate
Q47: The table given below shows the price
Q48: The figure given below shows the cost
Q49: The table given below shows the prices
Q50: The table given below shows the price,