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Amanda [17]
1 year ago
5

An electric power company uses block pricing for electricity sales. block pricing is an example of?

Business
1 answer:
mario62 [17]1 year ago
5 0

Answer:

Second-degree price discrimination.

<h3>Explanation:</h3>
  • Second-degree price discrimination occurs when a company charges a different price for different quantities consumed, such as quantity discounts on bulk purchases.
  • It involves pricing goods and services in such a way that it drums up demand and consumption.
  • There are various degrees of this strategy, notably first-, second-, and third-degree price discrimination.

To learn more about second-degree price discrimination, refer

to brainly.com/question/1065123

#SPJ4

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