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Author Question: Which of the following must exist for a firm to engage in price discrimination? (Read 57 times)

lracut11

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Which of the following must exist for a firm to engage in price discrimination?
◦ The firm must be able to identify and separate its buyers into different classes, and the low-price buyers cannot resell the product to the high-price buyers.
◦ The firm must face an inelastic demand.
◦ The firm must be able to realize economies of scale.
◦ The firm must have no more than one class of buyer.
◦ The firm must be a natural monopoly.


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Marked as best answer by lracut11 on May 24, 2019

Jossy

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lracut11

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Reply 2 on: May 24, 2019
Gracias!


phuda

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Reply 3 on: Yesterday
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