One of the necessary conditions for price discrimination to occur is that: a. Buyers in different markets

Question:

One of the necessary conditions for price discrimination to occur is that:

a. Buyers in different markets have different elasticities of demand.

b. The demand curve is upward sloping.

c. Buyers must be allowed to resell the good at a higher price elsewhere.

d. All of the above are necessary for price discrimination to occur.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Survey Of Economics

ISBN: 9780357720806

11th Edition

Authors: Irvin B. Tucker

Question Posted: