A firm can be identified as practicing price discrimination when:
A. buyers in a perfectly competitive market are able to influence the prices that firms set.
B. producers pass on differences in costs to those price-conscious consumers willing to buy in bulk.
C. consumers engage in comparison shopping to find the lowest advertised price.
D. producers set different prices for distinct groups of consumers, despite selling identical products to each group.
E. firms behave as price takers, whereas consumers react with price-making behavior.
D. producers set different prices for... View the full answer