In which market structure is it not possible to practice price discrimination?
A)Perfect competition
B)Monopolistic competition
C)Oligopoly
D)Monopoly

Question

Quizplus · Accepted Answer

In a perfect competition market structure, all firms sell identical products at the same price. Therefore, it is not possible for any firm to charge different prices to different customers, as this would result in losing customers to competitors who have the same product at a lower price. Hence, price discrimination is not possible in perfect competition.

In Which Market Structure Is It Not Possible to Practice