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Give economic term: Charging different prices to different consumers for the same product or services. - Economics

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प्रश्न

Give economic term:

Charging different prices to different consumers for the same product or services.

एक शब्द/वाक्यांश उत्तर
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उत्तर

Price discrimination

Explanation:

Price discrimination means charging different prices to different consumers for the same product or service. It is done based on factors like the consumer’s ability to pay, quantity purchased, or place and time of sale to maximise profit.

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अध्याय 5: Forms of Market - EXERCISE [पृष्ठ ५२]

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बालभारती Economics [English] Standard 12 Maharashtra State Board
अध्याय 5 Forms of Market
EXERCISE | Q 2. 5) | पृष्ठ ५२
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