Which of these is NOT a condition necessary for price discrimination?
A) The product cannot be resold to another customer.
B) The product must be a durable good.
C) The seller must have some market power.
D) The price elasticities of demand are different for each group of consumers.

Question

Quizplus · Accepted Answer

Price discrimination does not require the product to be a durable good. It primarily depends on the seller's ability to segment the market, prevent resale, and recognize different price elasticities among consumer groups.

Which of These Is NOT a Condition Necessary for Price