In the following situation, indicate whether the physician's discriminatory action is taste-based or statistical. A surgeon has heard that it is very difficult for black patients to find bio-compatible matches on the kidney donor waitlist. As a result, he is more aggressive in trying to save a black patient's kidneys than a white patient's kidneys. Statistical Taste-based

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Price Discrimination

Price discrimination or differential pricing is based on the principle that the seller will charge the buyer a price based on the buyer’s ability and willingness to pay for the product rather than applying uniform pricing for all.