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The Table Given Below Shows the Price, Marginal Revenue and Marginal

Question 45

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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
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.
-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.

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