Which of the following is not a precondition for price discrimination?
A)The commodity involved must be a durable good.
B)The good or service cannot be profitably resold by original buyers.
C)The seller must be able to segment the market, that is, to distinguish buyers with different elasticities of demand.
D)The seller must possess some degree of monopoly power.

Question

Quizplus · Accepted Answer

Price discrimination does not require the commodity to be a durable good. It primarily depends on the seller's ability to segment the market, prevent resale, and possess some degree of market power.

Which of the Following Is Not a Precondition for Price