Interactive Glossary

BROWSE:

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Price discrimination:: Selling the same product in different markets for different prices (requires separation of markets to prevent resale). The higher prices will be in markets with relatively less elastic demands.

Add word to favorites

Previously viewed words:

Industry regulators
Price cap formula
Income distribution
Unregulated service
Barriers to entry
Diminishing returns
Bottleneck facility
Perfect competition
Developed countries
Bulk power supply