A Perfectly Competitive Firm Cannot Practice Price Discrimination Because

Multiple Choice

A perfectly competitive firm cannot practice price discrimination because

A) a firm that breaks even in the long run cannot afford to engage in yield management.
B) it does not advertise; this prevents the firm from marketing its product to different segments of the market.
C) each consumer in a perfectly competitive market has the same willingness to pay.
D) the firm can only charge the market price.