Q341
Practice by seller of offering same product at different prices, to different customers is known as
A.
price incurrence
B.
price discrimination
AnswerC.
price targeting
D.
price engineering
Answer: Option B
Solution
Answer: Option B
Solution:
Practice by seller of offering same product at different prices, to different customers is known as price discrimination. Price discrimination is a selling strategy that charges customers different prices for the same product or service based on what the seller thinks they can get the customer to agree to.