Which of the following statements must hold if price discrimination is to be possible?
ECONOMICS
JAMB 1991
Which of the following statements must hold if price discrimination is to be possible?
- A. Elasticities in the various markets must not differ
- B. The seller must recognise the possibility of resale
- C. The market must not be separated but integrated
- D. The markets should be seperable and there should be no resale.
Correct Answer: C. The market must not be separated but integrated
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