The Following Table Shows the Utility (Measured in Dollars)which Lisa

Multiple Choice

The following table shows the utility (measured in dollars) which Lisa derives from water (in 50 litre drums) and diamonds (uncut 1 carat stones) .

-What is price discrimination?

A) The selling of different products to the same customer at different prices.
B) The selling of an identical product to different customers at the same price.
C) The selling of an identical product to different customers at different prices.
D) The selling of different products to different customers at different prices.