What do u mean by price discrimination ?? In business
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Heya Kavya ...
See here for your answer...
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Price discrimination --
√ It occurs when a producer charges different prices from different buyers of the same product ..
√ It is a typical characteristic of that business which have the monopoly in the market...
√ It is also called dual price policy..
√ Example - The only surgeon in your area may charge low fees from poor patients and high charges from rich persons..
Thank you
See here for your answer...
================
Price discrimination --
√ It occurs when a producer charges different prices from different buyers of the same product ..
√ It is a typical characteristic of that business which have the monopoly in the market...
√ It is also called dual price policy..
√ Example - The only surgeon in your area may charge low fees from poor patients and high charges from rich persons..
Thank you
Answered by
0
HEY MATE HERE IS YOUR ANSWER
The dual price policy is called price discrimination.
Hope it will help you
The dual price policy is called price discrimination.
Hope it will help you
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