Which of the following consumer segments are benefited by price discrimination?
A)Consumers with high income
B)Consumers with perfectly inelastic demand
C)Consumers with highly elastic demand
D)Consumers with more than one source of income

Question

Quizplus · Accepted Answer

Consumers with highly elastic demand benefit from price discrimination as they are more sensitive to price changes and can take advantage of lower prices offered in a discriminatory pricing strategy.

Which of the Following Consumer Segments Are Benefited by Price