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 as costs of service are different.
C)the same price as costs of service are the same.
D)different prices even though costs of service are the same.

Question

Quizplus · Accepted Answer

Price discrimination involves selling the same product to different customers at different prices, even when the costs of service are the same. This allows businesses to maximize profits by charging higher prices to customers who are willing to pay more and lower prices to customers who are more price-sensitive.

Price Discrimination Is Usually Defined as Selling a Product to Different