If Samsung sells TVs at a higher price in the United States than in Korea, and if there is no cost difference in producing or transporting the TV sets, Samsung would be practicing

Question

Quizplus · Accepted Answer

Samsung would be practicing price discrimination by charging different prices for the same product in different markets. This is not illegal as long as it is not based on discriminatory practices such as race, gender, or nationality. Price discrimination allows firms to capture more consumer surplus and increase profits.

If Samsung Sells TVs at a Higher Price in the United