Price discrimination can be defined as:
A) selling different products to the same consumers in the same market.
B) selling the same product in two different markets.
C) selling the same product at two different prices in two different markets.
D) exporting goods to foreign countries.

Question

Quizplus · Accepted Answer

Price discrimination refers to selling the same product at different prices in different markets or to different groups of consumers. Option A is incorrect as the products sold are not different, and option B is only partially correct as there needs to be a difference in price for the same product. Option D is completely unrelated to the concept of price discrimination.

Price Discrimination Can Be Defined As