Price discrimination refers to
A) charging different prices for different quantities and markets due to varying cost.
B) charging foreigners exclusively higher prices.
C) charging local minorities higher prices without cost justification.
D) charging of different prices for different quantities, markets or times.

Question

Quizplus · Accepted Answer

Price discrimination involves charging different prices for the same product or service in different quantities, markets, or at different times, based on factors other than the cost of production.

Price Discrimination Refers to