Home > Terms > English, UK (UE) > Price discrimination

Price discrimination

In economics, this is a pricing situation where two units of the same product are sold at different prices, whether to the same consumer or to different consumers. In psychology, the term would refer, in this context, to an aspect of perception; the consumer's ability to perceive that there was in fact a difference in price.

This is auto-generated content. You can help to improve it.
0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Travel Category: Hotels

Hotel du Cap Eden Roc

Located in Cap d'Antibes in southern France, Hotel du Cap Eden Roc is one of the world's most iconic and luxurious hotels. Built originally as a ...

Contributor

Featured blossaries

Theater Arts

Category: Entertainment   1 20 Terms

Basketball

Category: Sports   1 20 Terms