Economists refer to pricing the same good at two or more different prices to two or more different consumers as
A) price differentiation
B) price discrimination
C) price fixing
D) price collusion
E) unfair pricing

Question

Quizplus · Accepted Answer

Price discrimination refers to the practice of selling the same product to different buyers at different prices, based on factors like demand, consumer attributes, or purchase situation, rather than differences in production costs.

Economists Refer to Pricing the Same Good at Two or More