A-LevelEconomicsThe price system and the microeconomy9708/31 · Oct/Nov 2018 · Q81 Mark

What must be different between the consumers of a product to enable profitable price discrimination by the producer? A levels of income B price elasticities of demand C the ages of the consumers D time of consumption

Mark scheme

Marking points from the official mark scheme (Oct/Nov 2018). The mark or mark type is shown in brackets.

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Topic: The price system and the microeconomy, A-Level Economics (syllabus 9708). Structured question, 1 mark.
Source: A-Level Economics, Oct/Nov 2018 Paper 3 Variant 1, question 8.

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