Acmell Lawnmowers Inc. sells its mowers to retailers at different prices depending on whether they are independent stores or members of a national chain. In this scenario, the company indulges in__________
Fill in the blanks with correct word.
ANSWER: price discrimination
Acmell Lawnmowers Inc. indulges in price discrimination. Price discrimination refers to a seller charging different prices to different customers for the same product.
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