The table given below shows the price, marginal revenue and marginal cost of a monopolist at different levels of the output. The firm does not incur a fixed cost of production.Table 11.4

-Which of the following is not a necessary condition for price discrimination?
A) The firm must be a price maker.
B) The firm must be able to distinguish between customers.
C) The firm must be able to prevent resale of a product between customers.
D) The firm must be able to produce homogeneous products.
E) The firm must have a downward-sloping demand curve.
Correct Answer:
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Q41: The table given below shows the price,
Q42: The following table shows the marginal revenues
Q43: The table given below shows the price,
Q44: The table given below shows the price,
Q45: The following figure shows the revenue and
Q47: The table given below shows the price,
Q48: The table given below shows the price,
Q49: The table given below shows the price,
Q50: The table given below shows the price,
Q51: The table given below shows the price,
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