Selling the same goods to different targeted groups at different prices is called price ________.

Question

Quizplus · Accepted Answer

Selling the same goods to different targeted groups at different prices is called price discrimination. This practice is often used by businesses to maximize profits by charging higher prices to groups that are willing to pay more for the same product. However, this practice can also be illegal if it violates anti-discrimination laws or if it harms consumers. Price customization, opacity, and gouging are not accurate terms for this practice.

Selling the Same Goods to Different Targeted Groups at Different