Which of the following is NOT a necessary condition for a firm to price discriminate?

A. The firm must be a price-taker.
B. Resale of the product must be preventable.
C. Buyers in different markets must have different elasticities of demand.
D. The firm must be able to separate markets.


Answer: A

Economics

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In 2015, the U.S. experienced a deficit in its balance of trade with

A. Africa. B. Europe. C. OPEC. D. all of the answers are correct.

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Give an example of how money is often handled when interest rates are high.

What will be an ideal response?

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Suppose there is a simultaneous increase in demand and increase in supply. Given this information, we know with certainty that

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