The Strategy Underlying Price Discrimination Is

Multiple Choice

The strategy underlying price discrimination is:

A) to reduce per unit cost by charging higher prices to those with the most inelastic demand and lower prices to those with the most elastic demand.
B) to charge higher prices to customers who have good substitutes available to them.
C) to increase total revenue by charging higher prices to those with the most inelastic demand for the product and lower prices to those with the most elastic demand.
D) to charge everyone the same price, but limit the quantity they are allowed to buy.