Car dealers can easily price discriminate because
A)Buyers do not know the car's price.
B)Sellers negotiate a separate price agreement with each individual buyer.
C)Each seller knows the price but the buyer does not.

Question

Quizplus · Accepted Answer

Car dealers can easily price discriminate by negotiating a separate price agreement with each individual buyer. This allows them to charge different prices based on factors such as the buyer's willingness to pay, credit score, and negotiating skills. Buyers may also not know the true value of the car or may not have access to information on pricing, making it easier for dealers to price discriminate.

Car Dealers Can Easily Price Discriminate Because