Price discrimination leads to a _____ price for consumers with a _____ demand.A) higher;more elasticB) higher;perfectly elasticC) lower;more elasticD) lower;less elastic

Question

satesh subramaniam · Accepted Answer

Final Answer : C, Explanation :  Price discrimination results in a lower price for consumers with a more elastic demand because they are more sensitive to price changes, and firms aim to maximize revenue by charging them less.

Price discrimination leads to a _ price for consumers with a _ demand.

A) higher;more elastic
B) higher;perfectly elastic
C) lower;more elastic
D) lower;less elastic

Definitions

Learning Objectives

Learning Objectives

Related questions