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 what?

Question

Quizplus · Accepted Answer

This is an example of price discrimination, where different prices are charged in different markets or to different consumers for the same product, based on factors such as location, market conditions, or purchasing power.

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