Which of the following is true of price discrimination?
A)It exists whenever consumers in different countries are charged different prices for different products.
B)It involves charging whatever the market will bear.
C)It can help a company minimize its costs.
D)It is against economic sense to charge different prices in different countries.

Question

Quizplus · Accepted Answer

Price discrimination exists whenever consumers in different countries are charged different prices for the same product,or for slightly different variations of the product.It involves charging whatever the market will bear.It can help a company maximize its profits.It makes economic sense to charge different prices in different countries.

Which of the Following Is True of Price Discrimination