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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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    Solution Preview

    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 ...

    Solution Summary

    The expert examines price discrimination.