What type of retailer is most likely to use first-degree price discrimination?
A) A candy store
B) A sub shop
C) A newspaper stand
D) A pet store
E) An antiques shop

Question

Quizplus · Accepted Answer

First-degree price discrimination involves charging each customer the maximum they are willing to pay. An antiques shop is most likely to use this strategy because each item is unique, and customers may have different valuations for them.

What Type of Retailer Is Most Likely to Use First-Degree