Which of the following is not a condition for price discrimination?
A)A downward-sloping demand curve for products
B)The presence of strong diseconomies of scale
C)The presence of different groups of buyers with different price elasticity of demand
D)The absence of a scope for reselling a product
E) The presence of some amount of market power with a producer

Question

Which of the following is not a condition for price discrimination?​
A)A downward-sloping demand curve for products
B)The presence of strong diseconomies of scale
C)The presence of different groups of buyers with different price elasticity of demand
D)The absence of a scope for reselling a product
E) The presence of some amount of market power with a producer

Quizplus · Accepted Answer

The presence of strong diseconomies of scale is not a condition for price discrimination. The other conditions such as a downward-sloping demand curve, different groups of buyers, price elasticity of demand, absence of scope for reselling, and some amount of market power are necessary for price discrimination to occur.

Which of the Following Is Not a Condition for Price