Price discrimination allows businesses to make additional profits and allows markets to work more
A) equitably.
B) efficiently.
C) independently.
D) realistically.
E) unfairly.

Question

Quizplus · Accepted Answer

Price discrimination allows businesses to efficiently maximize profits by charging consumers different prices based on their willingness to pay. This results in a more efficient allocation of resources and can increase overall economic welfare.

Price Discrimination Allows Businesses to Make Additional Profits and Allows