Which term refers to selling commodities of similar grade and quality to two or more different buyers at different prices,within a reasonably short time,where the result would be to substantially lessen competition?
A) Price discrimination
B) Price fixing
C) Bait pricing
D) Penetration pricing

Question

Quizplus · Accepted Answer

Price discrimination refers to the practice of selling the same product to different buyers at different prices, which can lead to reduced competition if it affects market dynamics.

Which Term Refers to Selling Commodities of Similar Grade and Quality