Final answer:
Price discrimination in the market confirms the Imperfect Markets Theory, indicating imperfections that disrupt perfect competition conditions.
Step-by-step explanation:
Which of the following events would confirm the Imperfect Markets Theory? The option that best represents a scenario aligned with the Imperfect Markets Theory is b) Price discrimination in the market. Imperfect Markets Theory suggests the presence of market imperfections such as monopolies, oligopolies, and monopolistic competition that disrupt perfect competition. Price discrimination is a common feature of imperfect markets, where a seller might charge different prices for the same product to different consumers, based on their willingness to pay, or other factors.
Firms are in perfect competition when they produce identical products; there are many buyers and sellers; there is full relevant information available; and there is free entry and exit from the market. Therefore, the presence of price discrimination clearly goes against the conditions of a perfectly competitive market, confirming the Imperfect Markets Theory.