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1. Seller has ample time to adjust to price change.
2. Buyer's response to small price change is significant.
3. Buyers are faced with many options when deciding to make a purchase.
4. Sellers do not have much time to adjust to price change.
5. Buyers consider this item to be a necessity.
a. Elastic demand
b. Inelastic demand
c. Inelastic supply
d. Elastic supply
what the third degree price discrimination with case study of two successfull and unsuccessfull cases?
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Player 2 C B A 1,2 3,2 B 2,3 a, b Player 1
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