A software company engages in price discrimination for its product. The company identifies different market segments and charges different prices…

CA Foundation · Business Economics · PYQS · September 2024
A software company engages in price discrimination for its product. The company identifies different market segments and charges different prices based on perceived differences in willingness to pay. This is possible under which situation?
(A) A. A Monopoly
(B) B. Monopolistic competition
(C) C. Perfect competition
(D) D. Oligopoly competition

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. A Monopoly

Topics: Price Determination in Different Markets

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