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michlee michlee
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5 years ago
Which of the following is not a requirement for a successful price discrimination strategy?

• A firm must have the ability to charge a price greater than marginal cost.

• Some consumers must have a greater willingness to pay for the product than other consumers, and the firm must be able to know what prices consumers are willing to pay.

• The firm must be able to prevent arbitrage.

• Transactions costs must be the same for all consumers.
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Microeconomics

Microeconomics


Edition: 7th
Authors:
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austireaustire
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5 years ago
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michlee Author
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5 years ago
Thank you
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