Chp 11) Help Seve & MC Qu. 307 In one of its least favorite actions, Amazon. In

Question

Chp 11) Help Seve & MC Qu. 307 In one of its least favorite actions, Amazon. In one of its least favorne actors Amaro com was cogit mencuatngR$pekes And DVD bayers buy?inquamty for resale foundthat the orine retaler was offer gde erent customers dnerent prices or same DVD, and complained vociferously Company officals admited that the compeny was trying to see howmuch it coulds charge for an nem before oaigyens bahed Amasion was caught attergiting Mumiple Choice predenory pricing bst and switch pr

Explanation / Answer

This is a case of price discrimination. Price discrimination happens when the same product is being sold to different customers or groups at a different price at possibly the same time and in same circumstances.

Please note: Prices for soda at a cinema hall and at a food store may be different for different package sizes- that is not price discrimination. A price discrimination can be selling the same soda to different customers at different prices in the same cinema hall.

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