Individual pricing is a way to describe
A)segmentation pricing.
B)hurdle pricing.
C)perfect price discrimination.
D)reservation discrimination.

Question

Quizplus · Accepted Answer

Individual pricing, also known as price discrimination, refers to the practice of charging different prices to different consumers for the same product or service based on their willingness to pay. Perfect price discrimination is the ideal form of individual pricing where a seller charges each customer their maximum willingness to pay.

Individual Pricing Is a Way to Describe