A) Elasticity of supply
B) Elasticity of demand
C) Law of demand
D) Law of supply
Correct Answer: B
Solution :
The act of selling the same article, product under a single control, at different prices to different buyers is known as price discrimination. Information on the price elasticity of demand can be used by a business as part of a policy of price discrimination (also known as yield management).You need to login to perform this action.
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