Which of the following is NOT an example of price discrimination?
A) Gasoline stations charge more for gasoline with higher octane and additional additives.
B) Colleges give some students more financial aid than they do other students.
C) Airlines charge more for people who don't stay over a Saturday night.
D) College bookstore gives a price discount to faculty.

Question

Quizplus · Accepted Answer

Price discrimination involves charging different prices to different consumers for the same product or service, based on their willingness to pay. Charging more for gasoline with higher octane and additional additives is not price discrimination because the products are different, not the same product being sold at different prices to different consumers.

Which of the Following Is NOT an Example of Price