Which of the following is not a requirement for price discrimination?
a. The firm must be able to identify consumers who are willing to pay more for the product.
b. The firm must be able to prevent resale of the product.
c. There must be a downward-sloping demand curve for the product.
d. The firm must face different costs for the goods sold to different consumers.
D
You might also like to view...
The present value of $100 to be received in a year is
A) less than $100 and falls as the interest rate rises. B) less than $100 and rises as the interest rate rises. C) more than $100 and falls as the interest rate rises. D) more than $100 and rises as the interest rate rises.
On a diagram of the planned expenditure function Ep and the 45-degree line, we find autonomous planned spending
A) where the 45-degree line hits the vertical axis. B) at each level of output by the vertical distance between the Ep and 45-degree lines. C) where Ep intersects the vertical axis. D) at each level of income by the vertical distance from the horizontal axis up to Ep.
Do people make decisions on the basis of the nominal interest rate or the real interest rate? What is the relationship between the two interest rates?
What will be an ideal response?
When tax code changes increase saving incentives, the interest rate will _____ and investment will _____
Fill in the blank(s) with correct word