Price discrimination is
A) refusing to sell a given product to some group of customers.
B) selling a given product at more than one price.
C) selling a given product at more than one price, with the price differences reflecting differences in marginal cost in providing the product to different groups of customers.
D) selling a given product at more than one price, with the price differences being unrelated to differences in cost.

Question

Quizplus · Accepted Answer

Price discrimination involves selling the same product at different prices to different customers, where the price differences are not based on differences in cost.

Price Discrimination Is