Conditions of Price Discrimination Flashcards
1
Q
What are the conditions of price discrimination?
A
firm must have market power
firm must have information on consumers’ elasticities
firm must be able to limit reselling
1. Micro Eco > Conditions of Price Discrimination > Flashcards
What are the conditions of price discrimination?
firm must have market power
firm must have information on consumers’ elasticities
firm must be able to limit reselling