Condition required for the practice of price discrimination

Assignment Help Microeconomics
Reference no: EM13697356

Which of the following is a condition required for the practice of price discrimination?

A) The firm must be a perfect competitor

B) The seller must be able to identify different customer groups with different demand elasticities

C) The market must not be segmented

D) The seller does not have market power

Reference no: EM13697356

Questions Cloud

Most difficult time dealing with scarcity : Who in the Ethiopian society has the most difficult time dealing with scarcity? What do they need most? How can their society provide for their wants and needs? Why are they so impoverished? What can their governments do to help, or hinder their coun..
Virtual manager has to become the leader through influence : It was noted that the virtual manager has to become the leader through influence, not through authority. Do you agree with this statement from the author? Why or why not? Be detailed in your response to justify your argument either way.
Nash equilibrium : In a two-player game which of the following is a nash equilibrium
Monopolistic competition and perfect competition : VWhich of the following is a characteristic of both monopolistic competition and perfect competition?
Condition required for the practice of price discrimination : Which of the following is a condition required for the practice of price discrimination?
Example of the prisoners dilemma : Which of the following is an example of the prisoner's dilemma?
What is the value of the marginal propensity to consume : Consider a simple economy in which investment is constant and equal to $100 billion. There is no government or foreign sector, and the price level is constant. What is the value of the marginal propensity to consume?
Impact the money supply : Explain how the following would impact the money supply: a. People decide to hold more cash b. Banks hold more excess reserves c. The Fed decreases the required reserve rate d. The Fed increases the discount rate
The fed decreases the money supply : Use the supply and demand for Reserves to show what happens to the Federal Funds Rate when The Fed decreases the money supply. Assume that ior

Reviews

Write a Review

Microeconomics Questions & Answers

  Explain how the role of government affects each market

you have been hired as a consultant by your local mayor to look at the various market structures. your role is to

  Forecast of companies future sales and revenue

Each class member shall prepare a written report concerning the performance of a company of their choice and based upon observation period, offer forecast of companies' future sales and revenue

  Market models-stakeholder model and capitalist model

Normal 0 false false false EN-US X-NONE X-NONE Compare and contrast the fo..

  Include the discussion of money multiplier effect in the

this release also states that the federal reserve is in the process of purchasing 1.25 trillion of agency

  Develop production function

An economist for the widget company estimated following short term production function. Compute the AP and MP mathematically and identify the three stages.

  An analysis of budget line items

An analysis of budget line items, costs, sources of revenue, and deficits

  Does the structure of the drug industry have any bearing

Does the structure of the drug industry have any bearing on the types of errors that drug firms are likely to make  that is, would a drug industry made up of numerous highly competitive firms be more or less

  What is the probability of selecting exactly

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 ..

  Reason whether global economy will return to mercantilist

globalization was welcomed around the world at the beginning of the 1990s. different trade theories were used to

  1 a poor person who has an income of 1000 receives 100

1. a poor person who has an income of 1000 receives 100 worth of food stamps. draw the budget constraint if the food

  Question on optimal pricing strategy

Optimal pricing strategy varies significantly across different market structures. The pricing guidelines in a monopoly market are relatively straightforward. Since the company is the only producer offering the product, it can mark-up the price as ..

  How are exchange rates evaluated find the importance of

why do nations trade? what is meant by the concept of comparative advantage? could a nation be better off

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd