Financial aid to college students, quantity discounts, and senior citizen discounts are all examples of:_________

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02-08-2022
Social Studies

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Financial aid to college students, quantity discounts, and senior citizen discounts are all examples of:_________

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MubeenaD MubeenaD · Answer 1 · 2022-08-11T02:48:37-04:00

Financial aid to college students, quantity discounts, and senior citizen discounts are all examples of: price discrimination .

Coupon distribution, the use of certain discounts (such as age discounts), and the development of loyalty programmes are a few examples of price discrimination.

A selling tactic known as price discrimination involves charging clients various discounts for the same good or service depending on what the vendor believes they can persuade the customer to accept. When a merchant uses pure price discrimination, they charge each consumer the highest price they will agree to.

In more prevalent types of price discrimination, the supplier divides clients into groups (like students) based on particular characteristics and assesses a different price to each group.

To learn more about price discrimination, refer

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