Card 1 of 20
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.
Card 1 of 20
1.5.7 Price discrimination (A-level only) Flashcards
20 flashcards on AQA A Level Economics 1.5.7 Price discrimination (A-level only): the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3.