If Japanese producers sell computer chips at a higher price in the United States than in Japan, and if there is no cost difference in producing or transporting the chips, the Japanese producers would be practicing
A) cartel pricing.
B) price discrimination.
C) simple monopoly behavior.
D) price sampling.

Question

Quizplus · Accepted Answer

This scenario depicts price discrimination, where the Japanese producers are charging different prices for the same product in different markets (US and Japan). This could be due to differences in demand, competition, or other factors in the two markets.

If Japanese Producers Sell Computer Chips at a Higher Price