Charging higher prices to residential customers than to industrial customers is an example of

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21-07-2022
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Charging higher prices to residential customers than to industrial customers is an example of

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Martebi Martebi · Answer 1 · 2022-07-22T22:58:51+02:00

Charging higher prices to residential customers than to industrial customers is an example of third-degree price discrimination.

What is Third-degree price discrimination?

This often takes place if a firm charges a kind of different price to different consumer groups.

This form of discrimination is known to be the most common and as such, Charging higher prices to residential customers than to industrial customers is an example of third-degree price discrimination.

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