Price discrimination occurs whenever a firm sells a good for two different prices.

Name: Price discrimination occurs whenever a firm sells a good for two different prices.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Price discrimination involves selling the same good or service at different prices to different groups of consumers, based on their willingness to pay, not merely selling a good at two different prices for any reason.

Price Discrimination Occurs Whenever a Firm Sells a Good for Two