Which of the following conditions would prevent price discrimination?
A)an economic profit
B)a monopoly market structure
C)profit maximization
D)the inability to identify those customers willing to pay more
E)the ability to prevent low-price customers from reselling to high-price customers

Question

Quizplus · Accepted Answer

Price discrimination requires the ability to identify those customers willing to pay more and charge them a higher price. If a firm is unable to do so, it cannot engage in price discrimination.

Which of the Following Conditions Would Prevent Price Discrimination