Which is one of the conditions that must be realized before a seller finds that price discrimination is workable?
A) The demand for the product is perfectly elastic so any price can be charged for the product.
B) The seller must be able to segregate buyers based on a willingness to pay.
C) The buyer must be able to resell the product at a higher price to other consumers.
D) The product must be a service because demand is more elastic for services.
Correct Answer:
Verified
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