Price discrimination leads to a _____ price for consumers with a _____ demand.
A)higher;more elastic
B)higher;perfectly elastic
C)lower;more elastic
D)lower;less elastic

Question

Quizplus · Accepted Answer

Price discrimination results in a lower price for consumers with a more elastic demand because they are more sensitive to price changes, and firms aim to maximize revenue by charging them less.

Price Discrimination Leads to a _____ Price for Consumers with a _____

Price Discrimination Leads to a _ Price for Consumers with a _