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    Price discrimination

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    Which of the following is NOT a condition for price discrimination?

    Different groups of consumers must be charged differing prices for the same product.

    The firm's demand curve must be downward sloping.

    At least two groups of consumers exist for the product.

    The producer must be a price taker.

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    Solution Summary

    The expert determines what of the following is not a condition for price discrimination. The least two groups of consumer that exists for a product is determined.