Which of the following is not necessary in order for a monopolist to practice effective price discrimination?
(a) the monopolist must have a downward sloping demand curve.
(b) the monopolist must be able to segregate its market into different submarkets.
(c) the marginal cost of providing the same good to different groups of buyers must be different.
(d) the buyers in various markets must face different price elasticities of demand.
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