Price Discrimination: Definition, Types & Examples


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question 1 of 3

What is price discrimination?

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1. What is an example of the first degree of price discrimination?

2. What types of discounts are offered as a second degree of price discrimination?

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About This Quiz & Worksheet

The act of price discrimination is a legal method of providing different prices for the same product that the quiz and worksheet will help you to explore. Learn and recall the details on the purpose and examples of price discrimination.

Quiz & Worksheet Goals

The quiz and worksheet will test you on:

  • Types of discounts
  • Degrees of price discrimination
  • Groups qualifying for special rates
  • The definition of price discrimination
  • Price discrimination in practice

Skills Practiced

These tools will assess your skills of:

  • Reading comprehension - ensure that you draw the most important information from the related lesson about types of price discrimination
  • Critical thinking - apply relevant concepts to examine information about business and pricing in a different light
  • Knowledge application - use your knowledge to answer questions about different types of discounts

Additional Learning

Review the lesson called Price Discrimination: Definition, Types & Examples so that you can be sure to have learned all of the vital lesson information. These objectives will be covered in detail:

  • Understand the types of discounts typically offered
  • Identify specific examples of price discrimination
  • Discover some groups that qualify for discounted prices
  • Explicitly define Price Discrimination