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1)Successful direct price discrimination requires: I.The seller to have a different product for each group of customers. II.The seller must be able to prevent arbitrage

1)Successful direct price discrimination requires:

I.The seller to have a different product for each group of customers.

II.The seller must be able to prevent arbitrage between the different groups of customers.

a.Both I and II are true

b.Both I and II are false

c.I is true and II is false

d.I is false and II is true

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