Question

select all that apply
which of the following are conditions necessary for price discrimination?
□ monopoly power
□ no resale
□ market segregation
□ advertising
□ homogeneous market

Explanation:

Price - discrimination requires a firm to have monopoly power to set prices. It also needs market - segregation to separate consumers into different groups with different price elasticities of demand, and a no - resale condition to prevent arbitrage. Advertising and a homogeneous market are not necessary conditions for price discrimination.

Answer:

Monopoly power
No resale
Market segregation