Which of the following is not a necessary condition for price discrimination?
A) the markets must be kept separate
B) the product is produced under a variety of cost conditions
C) the seller must have some control over the price
D) the elasticity of demand in each market is different

Question

Quizplus · Accepted Answer

Price discrimination does not require the product to be produced under a variety of cost conditions. It requires separate markets, control over price, and different demand elasticities.

Which of the Following Is Not a Necessary Condition for Price