Question

Define Price discrimination

Answer 1

The action of selling the products at different
price at different buyers in order to maximize sales and profit.

I HOPE THIS HELPS U...

PLZZ MARK ME BRAINLIST ✌️✌️✌️

Answer 2

Answer:

As per the question

Price discrimination :

Price discrimination means the practice of selling the same commodity to different buyers. if the monopolist charges different price from different consumer for same commodity, it is called as price discrimination

Price discrimination means selling the same product to different buyers or to the same buyers

Price discrimination is defined as a business charging different consumer different prices for the same product.

Price variations do not fully reflects the a marginal cost of supplying a product.