Which of the statements about price discrimination is (are) false?
a. It must be possible to segment the market.
b. It must be difficult to transfer the seller's product from one market segment to another.
c. Public utilities practice first-degree price discrimination.
d. There must be differences in the elasticity of demand from one segment to another.
e. c and d
Question 2
Which of the following will improve your supplier contracting bargaining position
a. Your supplier merges with an alternative supplier
b. You redesign your component requirements to be more flexible across different potential suppliers
c. You redesign your component requirements so that your preferred supplier is more integral to product success
d. Your supplier's chief competitor has exited the market
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