Price discrimination
A)is illegal in the United States and Europe.
B)can occur in both perfectly competitive and monopoly markets.
C)is illogical because it does not maximize profits.
D)can maximize profits if the seller can prevent the resale of goods between customers.

Question

Quizplus · Accepted Answer

Price discrimination can maximize profits by allowing sellers to charge different prices to different customers based on their willingness to pay, as long as the seller can prevent the resale of goods between customers, which would undermine the price differentiation strategy.

Price Discrimination