g In the United States, price discrimination is ________. Group of answer choices Encouraged permitted Illegal Available only for monopolies.

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02-06-2021
Business

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g In the United States, price discrimination is ________. Group of answer choices Encouraged permitted Illegal Available only for monopolies.

Sagot :

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Nyctalusidn Nyctalusidn · Answer 1 · 2021-06-05T23:45:08-04:00

Answer:

Available only for monopolies

Explanation:

In simple words, price discrimination in America is illegal only when it impedes competition in market or is done on the basis of race, religion etc. America is a capital intensive market which makes it a free market as well, in such a market framework, the market forces affect the prices and competition always remains high.

Therefore, monopolies are the only firms that can perform price discrimination to some extent.

Sagot :

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