Price discrimination always benefits

Name: Price discrimination always benefits
Brand: Quizplus
Rating: 4.9 (43 reviews)

Question

Quizplus · Accepted Answer

Price discrimination benefits the owners of the price-discriminating firm by allowing them to charge different prices to different groups of customers based on their willingness to pay. This increases their profits by capturing a greater share of consumer surplus. However, it may not necessarily benefit society as a whole or consumers, especially if it leads to reduced competition and higher prices for some customers.

Price Discrimination Always Benefits