Question

Is it possible that price discrimination allows the seller to make a satisfactory return on their product and that without price discrimination the product would not be offered for sale?

Answer 1

Ans:- Price discrimination is a policy or approach that consist of a business or seller charge distinct price to their customers for the identical product or services. But price discrimination doesn't tolerate a company to rise it's profits margin. Sometimes the price discrimination make benefit to the consumers ( lower price). Price discrimination allow the manufacturer to make more. Company's use price discrimination for increasing it's revenue. It is possible to sell a product without price discrimination but it doesn't offer profit. Sometimes the price discrimination help the seller to allow a satisfactory return on their products and services.