Price discrimination exists whenever consumers in different countries are charged different prices for the same product.

Question

Quizplus · Accepted Answer

This statement is true. Price discrimination occurs when a company charges different prices for the same product in different markets or to different customers. It can be based on factors such as location, income level, or purchasing habits, and is often used to increase profits or to make a product more accessible to different consumer groups.

Price Discrimination Exists Whenever Consumers in Different Countries Are Charged