Perfect price discrimination is
A)realistic.
B)practiced by many firms.
C)a purely theoretical possibility.
D)very common.

Question

Quizplus · Accepted Answer

Perfect price discrimination, also known as first-degree price discrimination, is a theoretical possibility in which a firm charges each customer the maximum price he or she is willing to pay for a good or service. This type of pricing strategy is rare in practice, and often involves significant information gathering and segmentation of customers. Therefore, option C is the most accurate.

Perfect Price Discrimination Is