Which of the following conditions must be true so that a firm can profitably price discriminate?
A) There are no other firms in the market.
B) The good is a non-durable.
C) The good cannot be easily resold.
D) All of the above.
Correct Answer:
Verified
Q2: If resale is easy, then
A)price discrimination won't
Q8: Without price discrimination, a firm
A)faces a tradeoff
Q12: All firms can increase profits using price
Q13: Which of the following conditions must be
Q15: Charging a higher price for a motel
Q17: Resale is difficult when
A)the good is light-weight.
B)the
Q18: Price discrimination
A)is illegal in the U.S.
B)is a
Q19: Which of the following conditions must be
Q22: A consumer's reservation price is the
A) amount
Q24: A difference between a perfectly competitive market
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