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AP® Microeconomics

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Price-Discrimination: Requirements

APMICR-EJW5BV

In which of the following markets would price-discrimination be possible?

A

All consumers in the market are highly responsive to changes in the price of the product.

B

All consumers in the market are highly unresponsive to price changes.

C

The many firms in the market produce identical products.

D

The products can easily be resold by consumers after purchase.

E

Consumers can easily be segregated based on their differing demand elasticities.