In order for thirddegree discrimination to be possible which

In order for third-degree discrimination to be possible, which of the following features is not required?
market power
prevention of resale
customers with different demand curves
identification of each customer\'s demand before purchase
In order for third-degree discrimination to be possible, which of the following features is not required?
market power
prevention of resale
customers with different demand curves
identification of each customer\'s demand before purchase

Solution

Third degree discrimination is selling the same product at different prices to different sellers. Except the second option, .i.e.,prevention of resale, rest all options are required for this criteria. Therefore, the correct option in she second option

 In order for third-degree discrimination to be possible, which of the following features is not required? market power prevention of resale customers with diff

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