Question

which type of price discrimination harmful for indian economy? in 1000words​

Answer 1

Answer:

Introduction

Price discrimination is the practice of one retailer, wholesaler or manufacturer charging different prices for the same items to different customers. This is a widespread practice that does not necessarily imply negative discrimination. In an economic term, price discrimination is the ratio of price to marginal cost that differs for similar products. The practice of price discrimination is not an isolated event. It occurs in many familiar situations but this practice is often highly controversial in terms of its impact on both consumers and rivals. Price discrimination is mainly for markets that are monopolistic or oligopolistic.