Which of the following would not be considered price discrimination?
A)Long distance telephone rates are cheaper late at night.
B)Airline fares are cheaper if you reserve several weeks in advance.
C)The price of lettuce is 59 cents a head and two for a dollar.
D)The price of a brand-name prescription drug is higher than the price of a generic brand.
E)Senior citizens pay less for a movie.

Question

Quizplus · Accepted Answer

Price discrimination involves charging different prices to different consumers for the same product or service. Option D describes a situation where two different products (brand-name and generic drugs) are being compared, not the same product being sold at different prices to different consumers.

Which of the Following Would Not Be Considered Price Discrimination