Price discrimination is the practice of charging:
A) different prices for different goods.
B) different prices to different customers for the same good.
C) high prices for products with high marginal costs and low prices for products with low marginal costs.
D) the same price for different goods in different regions.

Question

Quizplus · Accepted Answer

Price discrimination involves charging different prices to different customers for the same good or service, based on factors like willingness to pay, purchase location, or purchase time, rather than differences in production cost.

Price Discrimination Is the Practice of Charging