1. Which of the following statements regarding price discrimination is false? In order to capture more surplus, the firm must have some market power. The firm must have some information about the different amounts people will pay for the product. The firm must be able to prevent resale. The firm must be able accurately forecast total sales.

1. Which of the following statements regarding price discrimination is false? In order to capture more surplus, the firm must have some market power. The firm must have some information about the different amounts people will pay for the product. The firm must be able to prevent resale. The firm must be able accurately forecast total sales.

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter14: Monopoly

Section14.4: Price Discrimination

Problem 4QQ

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