Which type of retailer is MOST likely to use first-degree price discrimination?
A) A sub shop
B) A candy store
C) A newspaper stand
D) An antique shop
E) A pet store

Question

Quizplus · Accepted Answer

First-degree price discrimination is legal and is widely used in some retail sectors,such as automobile and antique dealers,and auction bidding.Charging each individual customer a different price based on their willingness to pay is called first-degree price discrimination.

Which Type of Retailer Is MOST Likely to Use First-Degree