Examveda
Examveda

Practice by seller of offering same product at different prices, to different customers is known as

A. price incurrence

B. price discrimination

C. price targeting

D. price engineering

Answer: Option B

Solution(By Examveda Team)

Practice by seller of offering same product at different prices, to different customers is known as price discrimination. Price discrimination is a selling strategy that charges customers different prices for the same product or service based on what the seller thinks they can get the customer to agree to.

This Question Belongs to Management >> Management Accounting

Join The Discussion

Related Questions on Management Accounting