Question

Charging different groups of people different prices (such as children's prices and seniors' prices versus regular prices) is an example of_ price discrimination. second-degree O fourth-degree O third-degree O first-degree

Answer 1

The above given statement will come under third degree discrimination of price .

It is charging a different price to the different groups of consumer like from Children ,adult and old people.

first degree of price discrimination is the discrimination based on the every unit consumed.

second degree price discrimination is basically depends on the different quantities purchased.

so the answer is third degree.