Which of the following exists whenever consumers in different countries are charged different prices for the same product?
A)Penetration pricing
B)Premium pricing
C)Predatory pricing
D)Price discrimination
E)Price skimming

Question

Quizplus · Accepted Answer

Price discrimination exists whenever consumers in different countries are charged different prices for the same product, or for slightly different variations of the product. Price discrimination involves charging whatever the market will bear; in a competitive market, prices may have to be lower than in a market where the firm has a monopoly.

Which of the Following Exists Whenever Consumers in Different Countries