Price discriminaton involves charging different prices for a commodity:

For different quantities purchased.

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In different markets.

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To different customers.

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All the above

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Solution

The correct option is B All the above
There are 3 degrees of Price discrimination:
1st Degree of Price discrimination charges different prices based on the customer
2nd degree of Price discrimination charges different price based on quantity sold.
3rd degree of Price discrimination charges different prices based on location of markets .

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Similar questions

Which of the following shows various quantities of a commodity offered for sale at different possible prices of that commodity?

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