Economics B A-Level
Price discrimination
What Price discrimination means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Price discrimination
Check what you remember
Read the wording for your board, then hide it and explain Price discrimination in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Charging different prices to different consumer groups for an identical good or service, for reasons unrelated to cost differences.
Topics that use Price discrimination
- Oligopoly (Pearson Edexcel A-Level)
Related terms
- Competition regulation
- Concentration ratio
- Market power
- Monopoly power
- Non-price competition
- Oligopoly
- Price stability
- Tacit agreement
Using Price discrimination in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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