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10.which of these statement iscorrect?price discrimination leads to anincrease in overall economic welfareOprice discrimination lead tomaximization of profitseparation of marketis necessaryfor successful operation of pricediscriminationall the three |
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Answer» Answer: What Is Price Discrimination? Price discrimination is a selling strategy that charges CUSTOMERS different prices for the same product or service based on what the SELLER thinks they can get the customer to agree to. In PURE price discrimination, the seller charges each customer the MAXIMUM price he or she will PAY. In more common forms of price discrimination, the seller places customers in groups based on certain attributes and charges each group a different price. |
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