Price discrimination:
A) can benefit consumers with a lower willingness to pay when compared to other consumers in the market
B) can be a successful strategy for any firm in a competitive market
C) tends to decrease the profits of the firm.
D) is more successful if resale of the product is possible from one consumer to another.

Question

Quizplus · Accepted Answer

Price discrimination can benefit consumers with a lower willingness to pay by allowing them to purchase goods at lower prices than they would in a single-price market.

Price Discrimination