Ask Question
3 April, 03:03

Second-degree price discrimination occurs when: a business asks a series of personal questions about what the purchase is going to be used for. every consumer pays what he or she is willing to pay. consumers are charged one price for the first bundle of purchases and a different price for the next bundle of purchases. different groups of people are charged different prices.

+1
Answers (1)
  1. 3 April, 06:11
    0
    consumers are charged one price for the first bundle of purchases and a different price for the next bundle of purchases

    Explanation:

    Price discrimination is when a company sells the same good or service at different prices to different consumers.

    Second-degree price discrimination is when a seller sells at different prices for different quantities bought. E. g. bulk discount.

    First price discrimination is when every consumer pays what he or she is willing to pay

    Third price discrimination is when different groups of people are charged different prices.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Second-degree price discrimination occurs when: a business asks a series of personal questions about what the purchase is going to be used ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers