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Which of the following is necessary in order for a firm to successfully practice price discrimination?

wildcat290

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Which of the following is necessary in order for a firm to successfully practice price discrimination?

Which of the following is necessary in order for a firm to successfully practice price discrimination?

• The firm must practice product differentiation.

• The demand for the firm's product is inelastic.

• The firm must be able to segment the market for the product.

• The firm's transactions costs must be zero.

Textbook

Microeconomics

Microeconomics

Edition: 7^th

Authors: Hubbard, O'Brien

Read 52 times

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Steve T.

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wildcat290 Author

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5 years ago

This helped my grade so much

Steve T.

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5 years ago

Perfect

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