It is easier to price discriminate on services than on goods.

Name: It is easier to price discriminate on services than on goods.
Brand: Quizplus
Rating: 4.8 (45 reviews)

Question

Quizplus · Accepted Answer

Service pricing can be personalized to fit specific customer needs and preferences, allowing for more effective price discrimination compared to goods, which often have standardized prices. Additionally, services are often intangible and difficult to compare across providers, further enabling businesses to charge varying prices to different customers.

It Is Easier to Price Discriminate on Services Than on Goods