Price discrimination is
a. The practice of charging different prices to different individual buyers or customer groups
b. The practice of differentiating the product to make demand less elastic
c. The practice of deciding a single price to be charged to customers
d. Always illegal
a
Economics
You might also like to view...
What are the major factors affecting the long-term growth of the economy's output?
What will be an ideal response?
Economics
A 95% confidence set for two or more coefficients is a set that contains
A) the sample values of these coefficients in 95% of randomly drawn samples. B) integer values only. C) the same values as the 95% confidence intervals constructed for the coefficients. D) the population values of these coefficients in 95% of randomly drawn samples.
Economics