What is it called if a company charges customers in different nations different prices for the same product?
Added by Larry C.
Step 1
--- ** Show more…
Show all steps
Your feedback will help us improve your experience
Labs
Want to see this concept in action?
Explore this concept interactively to see how it behaves as you change inputs.
Key Concepts
Recommended Videos
U.S. pharmaceutical companies charge different prices for prescription drugs to buyers in different nations, depending on elasticity of demand and government-imposed price ceilings. Is this acceptable? Do you agree that price discrimination is legal? Why or why not?
Arun B.
In 2 or 3 sentences, define price discrimination and give one example
Haricharan G.
Ticketmaster Corp. uses an Internet auction to sell tickets. Is it engaging in price discrimination? If so, what type?
Pricing and Advertising
Perfect Price Discrimination
Recommended Textbooks
Principles of Economics
Principles of Microeconomics for AP® Courses
Economics
Transcript
Watch the video solution with this free unlock.
EMAIL
PASSWORD