What Is Price Discrimination?
What Is Price Discrimination?
Price discrimination is charging different prices to different consumers for the same good or service, where the price difference does not reflect a difference in the cost of supply. For example, a train operator may charge peak commuters more than off-peak leisure travellers.
Step-by-step lessons covering AQA A Level Economics 1.5.7 Price discrimination (A-level only) for A Level Economics. Each lesson works through exam-style questions in Paper 1, Paper 2 and Paper 3 format. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.