In situations where businesses discriminate in response to the preferences of consumers,discrimination:

Question

Quizplus · Accepted Answer

Efficient markets are based on the idea that individuals are free to make choices in response to their preferences. Discrimination in response to consumer preferences is therefore consistent with efficient markets, as it reflects consumers' preferences and choices. While discrimination in response to consumer preferences may be distasteful or unpopular, it is not necessarily inefficient. In fact, many successful businesses have thrived precisely because they have been able to meet the demands of discriminating consumers. Therefore, choice A is the best option.

In Situations Where Businesses Discriminate in Response to the Preferences