Attempts: Average: /1 1. Conditions for price discrimination Aa Aa Price discrim

Question

Attempts: Average: /1 1. Conditions for price discrimination Aa Aa Price discrimination is the practice of selling the same good at more than one price when the price differences are not justified by cost differences. Evaluate the following statement: "Price discrimination is possible only if no one can easily resell the good." O False, because it doesn't matter whether consumers can resell the good or not O False, because allowing for resale is more efficient O True, because this prevents the low-price segment of the market from reselling to the high-price segment O None of these choices QNA 3.16 © 2004-2016 Aplia. All rights reserved © 2013 Cengage Learning except as noted. All rights reserved. Grade It Now Save &Continue; Continue without saving

Explanation / Answer

c is the correct option

Reason

The statement is true because if the low-price buyers can trade with high-price buyers, there is no possibility to discriminate someone on the basis of price.

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