Price discrimination always benefits

Question

Quizplus · Accepted Answer

Price discrimination allows firms to charge different prices to different consumers based on their willingness to pay. This can benefit the firm by allowing them to capture more consumer surplus and increase profits. However, it may also harm some consumers who end up paying a higher price than others. On the other hand, price discrimination can also benefit some consumers who are able to purchase a good at a lower price than they would otherwise pay. Overall, the impacts of price discrimination are mixed and depend on the specific situation.

Price Discrimination Always Benefits