Which of the following is a necessary condition for price discrimination? Group of answer choices a. Buyers are aware of prices charged to other buyers. b. The seller is a perfectly competitive firm. c. Buyers have identical elasticities of demand. d. Resale of the product or service is possible. e. The seller can separate consumers according to their elasticities of demand.

Which of the following is a necessary condition for price discrimination? Group of answer choices a. Buyers are aware of prices charged to other buyers. b. The seller is a perfectly competitive firm. c. Buyers have identical elasticities of demand. d. Resale of the product or service is possible. e. The seller can separate consumers according to their elasticities of demand.

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter23: Profit Maximization

Section: Chapter Questions

Problem 9E

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