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Which of these is NOT an example of price discrimination?

a. college book publishers giving a price discount to faculty airlines

b. charging less for people who stay over on a Saturday night colleges

c. giving some students more financial aid than they do other students

d. gas stations charging more for gasoline with higher octane and additional additives

1 Answer

4 votes

Answer:

Giving some students more financial aid than they do other students.

Step-by-step explanation:

Price discrimination can be defined as a pricing strategy whereby customers are charged different price for a similar good or service. In price discrimination, a certain group of customers may be asked to pay a high amount of money while another group will pay a lesser amount.

Price discrimination makes it possible for low income customers to purchase goods at a cheaper price, this is usually achieved from the collection of coupons.

Price discrimination also lowers congestion in the market as it helps to control the demand of a product.

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