1.

Mention any two type of price discrimination?

Answer»

1. Personal: Different prices are charged for different individuals. 

For example, the railways give tickets at concessional rate to the ‘Senior citizens’ for the same journey. 

2. Geographical: Different prices are charged at different places for the same product. 

For example, a book sold within India at a price is sold in a foreign countiy at lower price.



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