Economy, asked by thabangernest911, 1 month ago

why is the price discrimination not possible under perfect market conditions

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Answered by shravankumardbg2004
0

Answer:

A Price-Setting Firm The firm must have some degree of monopoly power—it must be a price setter. A price-taking firm can only take the market price as given—it is not in a position to make price choices of any kind. Thus, firms in perfectly competitive markets will not engage in price discrimination.

Explanation:

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