With block pricing,firms differentiate price according to _____.
A)each consumer's ability to pay
B)the average cost of producing the output
C)the quantity of output purchased
D)the marginal cost of producing a particular unit of output

Question

Quizplus · Accepted Answer

With block pricing, firms differentiate price according to the quantity of output purchased, usually in blocks or tiers. The price per unit decreases as the quantity of output purchased increases.

With Block Pricing,firms Differentiate Price According to _____