Price discrimination is usually defined as selling a product to different customers at:
A) the same price even though costs of service are different.
B) different prices even though costs of service are different.
C) the same price even though the costs of service are the same.
D) different prices even though the costs of service are the same.

Question

Quizplus · Accepted Answer

Price discrimination involves selling the same product to different customers at different prices, even if the cost of providing the service is the same for all customers. The key element of price discrimination is that different customers are charged different prices for the same product or service, even if the cost of providing the service is the same.

Price Discrimination Is Usually Defined as Selling a Product to Different