Which of the following is NOT necessary for a firm to engage in price discrimination?
A) The firm must be able to identify different types of buyers.
B) The firm must be able to separate buyers by preventing resales from one customer to another.
C) The firm must produce output for different buyers at different costs.
D) The firm must sell a product that cannot be resold.

Question

Quizplus · Accepted Answer

Price discrimination does not require different production costs for different buyers; it requires the ability to identify and separate buyers and prevent resale.

Which of the Following Is NOT Necessary for a Firm