Author Question: To successfully price discriminate, a firm must ensure that there are no opportunities for ... (Read 84 times)

formula1

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To successfully price discriminate, a firm must ensure that there are no opportunities for arbitrage.
 
  Indicate whether the statement is true or false

Question 2

A supplier of an input is unlikely to have bargaining power if
 
  A) it has a patent on the input. B) many firms can supply the input.
  C) the input supplied is specialized. D) it is the sole supplier of the input.


Ksh22

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Answer to Question 1

TRUE

Answer to Question 2

B



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