Which of the statements about price discrimination is (are)false?
A) It must be possible to segment the market.
B) It must be difficult to transfer the seller's product from one market segment to another.
C) Public utilities practice first-degree price discrimination.
D) There must be differences in the elasticity of demand from one segment to another.
E) c and d

Question

Quizplus · Accepted Answer

Public utilities do not practice first-degree price discrimination, as they typically charge all consumers the same price for a given service. They may engage in second-degree price discrimination by offering volume discounts or different rates for peak and off-peak usage. Choice A, B, and D are true statements about price discrimination, and E is not a valid answer as it combines two true statements.

Which of the Statements About Price Discrimination Is (Are)false