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What is the term when a seller tries to...

What is the term when a seller tries to sell the same good at different prices ?

A

1.Price Differential

B

2.Dumping

C

3.Price Discrimination

D

4.Bullying

Text Solution

Verified by Experts

The correct Answer is:
C

(c ) Price discrimination on price differentiation is a pricing strategy where identical & largely similar goods or services are transacted at different prices by the same provider in different markets or territories . It is distinguished from product involved in the latter strategy . it essentially relies on the variation in the customer's willingness to pay.
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