Fast Stop, a gasoline and grocery quick mart, charges $3 for one hot dog and $5 for two hot dogs. This is an example of _______.
A)two- part pricing
B)second- degree price discrimination
C)third- degree price discrimination
D)an all- or- nothing offer

Question

Quizplus · Accepted Answer

Second-degree price discrimination involves charging different prices per unit for different quantities of the same good or service, without segmenting the market based on customer identity. In this case, Fast Stop charges a different price per hot dog when a customer buys two compared to buying just one, without discriminating who the customer is.

Fast Stop, a Gasoline and Grocery Quick Mart, Charges $3