Which of the following is an example for group price discrimination?
A) a BMW selling for more than a VW
B) local residents receiving a discount at the local golf course
C) the fact that a razor is cheap and blades are expensive
D) a hotel charging more for a room if the customers bring pets

Question

Quizplus · Accepted Answer

Group price discrimination occurs when different prices are offered to different groups of customers. In the case of local residents receiving a discount at the local golf course, the price is different for a specific group based on their location or membership, which is an example of group price discrimination. The other options do not involve different prices for different groups.

Which of the Following Is an Example for Group Price