Ask Question
BusinessBusiness
3 February, 02:19

Which of the following is NOT a condition for a firm to engage in price discrimination? Multiple Choice The consumers are sincere in revealing their true natures. The firm has a means of identifying consumer types. There is no resale market for the good. Consumers are partitioned into two or more types, with one type having a more elastic demand than the other.

+3
Answers (1)
  1. 3 February, 03:31
    0
    The correct answer is The consumers are sincere in revealing their true natures.

    Explanation:

    This is not a condition because the company does not take into account factors of this type to determine price changes, to consider the setting of new prices for products. In order to determine these changes, you must establish real data on the behavior of demand and determine if the goods produced have the characteristic of being storable to be traded over a longer period of time.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which of the following is NOT a condition for a firm to engage in price discrimination? Multiple Choice The consumers are sincere in ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Brown Company has the following information at the end of the current year: Cost of Goods Manufactured $65,000 Beginning Finished Goods Inventory 3,000 Ending Finished Goods Inventory 6,000 Manufacturing Overhead 9,000 What is the amount of cost of
Answers (1)
When small changes in price lead to infinite changes in quantity demanded, demand is perfectly a. inelastic, and the demand curve will be vertical. b. elastic, and the demand curve will be vertical. c.
Answers (1)
The credit that is created when a supplier sells goods and services on an account with extended payment terms is called. Garcia Assemblers Corporation is a manufacturing company.
Answers (1)
When selling an older home, disclosure must be made to the buyer of any insurance claims made within the last:?
Answers (1)
Rida, Inc., a manufacturer in a seasonal industry, is preparing its direct materials budget for the second quarter. It plans production of 240,000 units in the second quarter and 52,500 units in the third quarter.
Answers (1)
New Questions in Business
Jax Company uses the acquisition method for accounting for its investment in Saxton Company. Jax sells some of its shares to Saxton such that neither control not significant influence exists.
Answers (2)
On September 1, 2021, Daylight Donuts signed a $100,000, 9%, six-month note payable with the amount borrowed plus accrued interest due six months later on March 1, 2022.
Answers (1)
Hilltop Manufacturing uses a predetermined manufacturing overhead rate based on machine hours to allocate manufacturing overhead to jobs.
Answers (1)
Javier and Anita Sanchez purchased a home on January 1, 2019, for $600,000 by paying $200,000 down and borrowing the remaining $400,000 with a 7 percent loan secured by the home. The loan requires interest-only payments for the first five years.
Answers (1)
Strategic leadership is about a. strategy implementation. b. strategy formulation. c. establishing effective contract processes. d. how to effectively manage a company's strategy and create competitive advantage. e.
Answers (1)
Home » Business » Which of the following is NOT a condition for a firm to engage in price discrimination? Multiple Choice The consumers are sincere in revealing their true natures. The firm has a means of identifying consumer types.
Sign Up Forgot Password?