Which of the statements about price discrimination is FALSE?
Question 8 answers
It must be possible to segment the market.
It must be difficult to transfer the seller's product from one market segment to another.
Public utilities practice first-degree price discrimination.
There must be differences in the elasticity of demand from one customer segment to another.© BrainMass Inc. brainmass.com October 10, 2019, 4:55 am ad1c9bdddf
First degree price discrimination is typically thought of as "theoretical" price discrimination, because the seller is required to be able to fully understand what the consumer is ...
The expert examines price discrimination.