Third-Degree Price Discrimination Exists Whenever

Multiple Choice

Third-degree price discrimination exists whenever:

A) the seller knows exactly how much each potential customer is willing to pay and will charge accordingly.
B) different prices are charged by blocks of services.
C) the seller can separate markets by geography,income,age,etc.,and charge different prices to these different groups.
D) the seller will bargain with buyers in each of the markets to obtain the best possible price.