Charging all customers the same price is economical for businesses and fair for consumers.

Question

Quizplus · Accepted Answer

Charging all customers the same price might not be fair for consumers as some may have different needs or may use the product/service differently. It may also result in some customers overpaying while others are underpaying. In addition, it may not be economical for businesses as they may miss out on potential profits that could be generated from offering tiered pricing or customized pricing based on customer behavior and preferences.

Charging All Customers the Same Price Is Economical for Businesses