In all cases of price discrimination it is important to:
A)offer significant rebates to the customers.
B)hide the actions from the government.
C)hide the actions from the consumer
D)gather information about the demand function.

Question

Quizplus · Accepted Answer

Gathering information about the demand function is crucial for price discrimination because it allows the seller to differentiate between customers with different willingness-to-pay and set different prices accordingly. Offering significant rebates or hiding actions from the government or consumers are not ethical or sustainable strategies for implementing price discrimination.

In All Cases of Price Discrimination It Is Important To