Question

Charging different prices for the same product or same price for the differentiated product defined by

• A. Stigler
• B. Mrs. Joan Robinson
• C. A.C. Pigou
• D. Marshall

Answer 1

The correct option is B Mrs. Joan Robinson

Price discrimination means charging different prices from different customers or for different units of the same product.

According toJo an Robinson: “The act of selling the same article, produced under single control at different prices to different buyers is known as price discrimination.”