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What are the types of price discrimination

What are the types of price discrimination?

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The types of price discrimination are as follows:

1. Price relatively elastic portion of the demand curve of the first degree that charging various price for various persons for similar product.

2. Price discrimination of the second degree: In this, the buyers are classified in various divisions.

3. Price discrimination of the third degree: In this, the markets are divided as per elasticity of demand.

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