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Question #48626

Which of the following best defines price discrimination ?

Options:

A) charging different prices on the basis of race

B) charging different prices for goods with different costs of production

C) charging different prices based on cost-of-service differences

D) selling a certain product of given quality and cost per unit at different prices to different buyers

Answer: Which of the following best defines price discrimination selling a certain product of given quality and cost per unit at different prices to different buyers.

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