A key for a monopoly that wants to practice price discrimination is to be able to control the resale of its product.

Question

A key for a monopoly that wants to practice price discrimination is to be able to control the resale of its product.
​

Quizplus · Accepted Answer

For a monopoly to successfully practice price discrimination, it must be able to prevent or control the resale of its product to ensure that consumers cannot purchase the product at a lower price in one market and resell it in another where the price is higher. This control is crucial to maintain different price levels for different segments of the market.

A Key for a Monopoly That Wants to Practice Price