Asked by rejina kristin on May 10, 2024

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​When deciding what price to charge customers,a firm may choose to charge different prices based on customers'

A) ​Age
B) Willingness to pay
C) Location
D) ​All of the above

Willingness To Pay

The maximum amount an individual is prepared to spend to procure a good or service.

Charge Customers

The act of requesting payment from consumers for goods or services provided.

  • Understand the concept of price discrimination and its different forms.
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DM
Desiree' MonroeMay 16, 2024
Final Answer :
D
Explanation :
Firms may choose to charge different prices based on various factors including customers' age, willingness to pay, and location, as part of price discrimination or differential pricing strategies to maximize profits.