Author Question: Which of the following is necessary in order for a firm to successfully practice price ... (Read 70 times)

justinmsk

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Which of the following is necessary in order for a firm to successfully practice price discrimination?
 
  A) The firm must practice product differentiation.
  B) The firm's transactions costs must be zero.
  C) The firm must be able to segment the market for the product.
  D) The demand for the firm's product is inelastic.

Question 2

The labor force participation rates of men have gradually increased since 1948.
 
  Indicate whether the statement is true or false


lindahyatt42

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Answer to Question 1

C

Answer to Question 2

FALSE



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