Promotional pricing would best be categorized as a form of:
A)first-degree price discrimination.
B)second-degree price discrimination.
C)third-degree price discrimination.
D)no price discrimination.

Question

Quizplus · Accepted Answer

Promotional pricing targets specific segments of consumers, such as students, military personnel, or seniors, offering them discounts based on their group membership. This is a classic example of third-degree price discrimination, where different prices are charged to different consumer groups based on their respective demand elasticities.

Promotional Pricing Would Best Be Categorized as a Form Of