Second-degree price discrimination occurs when
A)different prices are charged for different blocks of services.
B)different groups of buyers are charged different prices based on their price elasticities of demand.
C)a different price is charged for each amount of a product purchased.
D)None of the above

Question

Quizplus · Accepted Answer

Second-degree price discrimination involves charging different prices for different quantities or blocks of a product or service, such as bulk discounts.

Second-Degree Price Discrimination Occurs When