Recently I received an e-mail which stated the following. “We'd like to offer you a special discount on your next purchase. Click here to visit shop.mlb.com and you'll automatically receive 15% OFF your purchase at checkout.” This offer is an example of a price _____ engaging in _____ price discrimination.   Select one:   A. taker; second-degree   B. maker; first-degree   C. maker; second-degree   D. taker; third-degree   E. taker; first-degree   F. maker; third-degree

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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.