In order to effectively price discriminate, one requirement is that a seller must be able to:
A)resell the product.
B)identify customers with different reservation prices.
C)avoid detection because price discrimination is illegal.
D)reduce costs when producing the discounted item.

Question

Quizplus · Accepted Answer

To price discriminate, the firm must be able to differentiate customers by their reservation prices.

In Order to Effectively Price Discriminate, One Requirement Is That