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Which of the Following Is NOT a Condition for a Firm

Question 57

Multiple Choice

Which of the following is NOT a condition for a firm to engage in price discrimination?


A) Consumers are partitioned into two or more types, with one type having a more elastic demand than the other.
B) The firm has a means of identifying consumer types.
C) The consumers are sincere in revealing their true natures.
D) There is no resale market for the good.

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