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Price discrimination

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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.

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The expert examines price discrimination.

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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 ...

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