Price discrimination is possible in which of the following market structures?
a. perfect competition
b. monopoly
c. oligopoly
d. monopolistic competition
A) a, b, c, and d
B) c and d only
C) b and c only
D) b, c, and d only

Question

Price discrimination is possible in which of the following market structures? 
a. perfect competition
b. monopoly
c. oligopoly
d. monopolistic competition
A) a, b, c, and d
B) c and d only
C) b and c only
D) b, c, and d only

Quizplus · Accepted Answer

Price discrimination is possible in monopoly, oligopoly, and monopolistic competition because firms have some degree of market power, allowing them to set different prices for different consumers. In perfect competition, firms are price takers and cannot engage in price discrimination.

Price Discrimination Is Possible in Which of the Following Market