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प्रश्न
What do you mean by price discrimination?
What is meant by "price discrimination"?
उत्तर
- When a firm is able to sell the same product or service to two different categories of consumers at different prices then it is known as price discrimination.
- Generally, a Monopoly firm is able to practice price discrimination successfully.
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संबंधित प्रश्न
Explain three features of Perfect competitive market.
Marginal revenue of a firm is constant throughout under:
Indian Railways is an example of ______.
Which one of the following is NOT found in a perfectly competition market?
Which of the following is the least competitive market?
What is monopsony?
Identify the market form of the following:
Goods sold are homogeneous.
Give an example of monopoly.
Give an example of price discrimination.
Which type of market structure is the following? Give reason.
Jeans
Which type of market structure is the following? Give reason.
Soft drinks
Product differentiation is practised in monopolistic competition? Give reasons.
Monopolistic competition is the perfect blending of monopoly and perfect competition. Explain.
To which market is price discrimination relevant?
Why can a monopolist charge different prices in different markets?
What is meant by barriers to entry?
What is the difference between perfect and imperfect oligopoly?
In what respects does oligopoly differ from monopoly?
Elaborate the price discrimination feature of monopoly.
Why an individual firm under perfect competition cannot influence the market price?
