What Is Price Discrimination?
What Is Price Discrimination?
Price discrimination occurs when a firm charges different prices to different consumers for the same good or service. The price difference must not be caused by a difference in the cost of supplying each customer.
Step-by-step lessons on AQA A Level Economics 1.5.7 Price discrimination (A-level only). Each one builds up to exam-style questions. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.