Discriminatory pricing occurs when a firm sells a product or service at two or more prices,not determined by proportional differences in cost.

Name: Discriminatory pricing occurs when a firm sells a product or service at two or more prices,not determined by proportional differences in cost.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Discriminatory pricing involves charging different prices for the same product or service, regardless of any difference in cost. This can be based on factors such as location, customer type, or willingness to pay.

Discriminatory Pricing Occurs When a Firm Sells a Product or Service