If a consumer in Italy paid $45,000 for a BMW and a consumer in Great Britain paid $60,000 for the identical vehicle that would be an example of

Question

Quizplus · Accepted Answer

Price discrimination occurs when a company sells the same product at different prices in different markets or to different consumers, as seen in this scenario with the BMW being sold at different prices in Italy and Great Britain.

If a Consumer in Italy Paid $45,000 for a BMW