Why might a producer practice price discrimination?
A)to make its products more affordable to those with low incomes
B)to maximize economic efficiency
C)to maximize profits
D)to maximize quantity demanded

Question

Quizplus · Accepted Answer

Price discrimination allows the producer to charge different prices to different customers based on their willingness to pay. This allows the producer to capture more of the consumer surplus and ultimately maximize profits.

Why Might a Producer Practice Price Discrimination