Which of the following is necessary condition for price discrimination?
A. There must be imperfect competition in the market
B. The elasticity of demand must be different in different markets
C. Different markets must be separable for a seller to be able to practice discriminatory pricing
D. All of the above
Answer: Option D
This Question Belongs to Management >> Managerial Economics
Related Questions on Managerial Economics
The emphasis of managerial economics is on
A. Bonus theory
B. Normative theory
C. System theory
D. Accounting theory
Which is not the subject of Managerial Economics?
A. Accounting Theory
B. Pricing Decision, Policies and Practices
C. Capital Management
D. Profit Management
Which is not covered under the scope of managerial economics?
A. Profit management
B. Accounting theory
C. Pricing policies
D. Production analysis
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