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1.5.7 Price discrimination (A-level only)

When does charging different prices become price discrimination rather than cost-based pricing?

A

Cost-based pricing charges different prices for the same good when the difference reflects consumer incomes.

B

Price discrimination charges the same price for different goods when the difference reflects supply costs.

C

Price discrimination charges different prices for the same good when the difference does not reflect supply costs.

D

Cost-based pricing charges the same price for the same good when the difference does not reflect supply costs.

1.5.7 Price discrimination (A-level only) Flashcards

  1. A Level
  2. /Economics
  3. /1.5.7 Price discrimination (A-level only)

Flashcards for AQA A Level Economics 1.5.7 Price discrimination (A-level only), covering the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3. 20 cards, matched to the AQA A Level Economics (7136) specification.