Ask Question
12 August, 07:19

Price discrimination will result in consumers with more elastic demand purchasing more of the good than when a single price is charged to all consumers in the market. true

+3
Answers (1)
  1. 12 August, 07:22
    0
    A company can have a product that they want a single customer to be able to use and profit from, they may sell that product to that customer at a lower price, allowing them to purchase more, and blocking out competitors with higher pricing.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Price discrimination will result in consumers with more elastic demand purchasing more of the good than when a single price is charged to ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers