Which of the following is not a condition required for the practice of price discrimination?
A) The firm must be a perfect competitor.
B) The price elasticity of demand for the product must be the same under all circumstances.
C) The market must not be segmented.
D) None of the above is a condition required for the practice of price discrimination.

Question

Quizplus · Accepted Answer

Price discrimination does not require any of the conditions listed in the question.

Which of the Following Is Not a Condition Required for the Practice