what pricing approach is it when a high school basketball team offers discounts to students, alumni or faculty? - (they can purchase them cheaper then others) 1. Bundling 2.Peak Load Pricing 3.Indirect Segmentation Price Discrimination 4.Direct Segmentation Price Discrimination 5.Complete Price Discrimination

Q: True/False

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A: The answer is as follows:-

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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.