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 ...

Depending on how the different pricing is structured, this can be either first, second, or third degree price discrimination. First degree price discrimination involves charging every individual ...

Finally comes personalized pricing, also called “first-degree price discrimination” or “perfect price discrimination” because it enables retailers to use personal data to charge the ...