Question: How is variant pricing different from price discrimination? a. With variant pricing, consumers are more likely to be misled by marketers, whereas price discrimination tends

How is variant pricing different from price discrimination? a. With variant pricing, consumers are more likely to be misled by marketers, whereas price discrimination tends to be more transparent. b. In variant pricing, a seller offers a slightly different version of a product to different buyers; in price discrimination, the same item is sold to different buyers at different prices. c. With variant pricing, prices are being changed dynamically to reflect market conditions; with price discrimination, the prices tend to be more static. d. Variant pricing is legal in most U.S. states, whereas pricing discrimination is mostly illegal

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!