Price discrimination is defined as selling:
A) the same products at the same prices to the same customers.
B) different products at the different prices to the same customers.
C) the same product at different prices to different customers.
D) different products at the same prices to different customers.

Question

Quizplus · Accepted Answer

Price discrimination is the practice of selling the same product at different prices to different customers based on their willingness to pay. This allows the seller to capture more consumer surplus and maximize profits.

Price Discrimination Is Defined as Selling