The company charges the maximum possible price for each unit consumed in first-degree discrimination. Second-degree discrimination involves discounts for products or services that are bought in bulk.

We look at the three most common types of price discrimination in this article: first-, second-, and third-degree discrimination. Price discrimination is a sales strategy of selling the same ...

second, or third degree price discrimination. First degree price discrimination involves charging every individual customer a price based on their individual willingness to pay. Second degree ...

Then there is “second-degree price discrimination,” by which retailers offer tiered prices based on product quantity or quality (where premium options are priced far above cost)—e.g ...

The Federal Trade Commission (FTC) withdrew the agency’s lawsuit against Pepsi Cola for allegedly violating the ...

Second-degree price discrimination is very familiar. Consumers pay different prices according to the quantity of items they buy. For example, you may find that Sainsbury’s charges £2.10 for ...

There are three basic types of price discrimination, which economists (not so creatively) refer to as first-, second-, and third-degree price discrimination. First-degree or “perfect” price ...

Economists generally refer to three types of price discrimination: first degree, second degree, and third degree. First degree generates the most profit. It involves each consumer paying the ...

First-degree or perfect price discrimination exists when sellers are able to charge a different price to each potential buyer, with the seller able to determine the unique maximum price that each ...