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Business, 13.05.2021 19:30 blueboy58

Which of the following are necessary conditions for third-degree price discrimination to enhance profits. a. There are two different groups with different (and identifiable) elasticities of demand.
b. At least one group has elasticity of demand less than one in absolute value.
c. At least one group has elasticity of demand greater than 1 in absolute value.
d. We are able to prevent resale between the groups.

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