Economics (AS & A Level) · Oct / Nov 2022 · Paper 31 · Question 10
9708Differing objectives and policies of firms
Which conditions enable price discrimination? 1 The firm can separate the total market into different sub-markets. 2 There are different price elasticities of demand (PED) in each separate sub-market. 3 The marginal revenue curve is the same in each separate market.
- A1 and 2 only
- B1 and 3 only
- C2 and 3 only
- D1, 2 and 3
As printed in the paper
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Correct answer: A. 1 and 2 only
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