Perfect price discrimination exists when a firm sells ________ good at a unique price to ________.
A) a complementary; each group of buyers
B) a similar; most of its customers
C) a substitute; different customers
D) a discounted; a few of its customers
E) the same; each customer

Question

Quizplus · Accepted Answer

Perfect price discrimination occurs when a firm sells the same good at a unique price to each customer. This means that each customer is charged a price that is equal to their willingness to pay, resulting in the firm capturing the maximum possible consumer surplus.

Perfect Price Discrimination Exists When a Firm Sells ________ Good