The Goal of Price Discrimination Is to

question 3

Multiple Choice

The goal of price discrimination is to

• A)Convert consumer surplus to producer surplus
• B)Maximize profits
• C)Both a and b
• D)Make pricing decision difficult

---

Definitions:

Deep-Level Diversity

Differences among individuals based on underlying attributes, such as values, attitudes, and personality traits.

Religious Values

Principles and beliefs held by individuals or communities regarding the sacred, divine, or spiritually significant aspects of life, often guiding moral behavior and life choices.

Time Orientation

An individual's attitude or preference toward past, present, or future thinking.

Long-Term Orientation

A cultural or personal perspective that values planning and investing in the future, emphasizing perseverance and deferred gratification.