Third-Degree Price Discrimination Exists When

Multiple Choice

Third-degree price discrimination exists when

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) when the seller can separate markets by geography,income,age,etc.,and charge different prices to these different groups.
D) when the seller will bargain with buyers in each of the markets to obtain the best possible price.