Providing medical services for smaller fees to the poor than to the rich is
A)misplaced charity.
B)benevolent pricing.
C)price discrimination.
D)social pricing.

Question

Quizplus · Accepted Answer

Providing medical services for smaller fees to the poor than to the rich is an example of price discrimination. Price discrimination means charging different prices for the same product or service based on a customer's willingness or ability to pay. In this scenario, the medical service provider is charging a lower price to the poor because they may not have the same level of financial resources as the rich.

Providing Medical Services for Smaller Fees to the Poor Than