g In the United States, price discrimination is ________. Group of answer choices Encouraged permitted Illegal Available only fo

Question

Aloiza [94]

2 years ago

6

g In the United States, price discrimination is ________. Group of answer choices Encouraged permitted Illegal Available only fo

r monopolies.

Business

1 answer:

Nana76 [90] · Answer 1 · 2022-12-12T13:15:53+03:00

Answer:

Available only for monopolies

Explanation:

In simple words, price discrimination in America is illegal only when it impedes competition in market or is done on the basis of race, religion etc. America is a capital intensive market which makes it a free market as well, in such a market framework, the market forces affect the prices and competition always remains high.

Therefore, monopolies are the only firms that can perform price discrimination to some extent.