List-I(Pricing Strategies) | List-II(Type of Price Dis crimination) | ||
---|---|---|---|
A | Locating individual consumers and charging each of them a unique price | I | Bundling |
B | Dividing consumers into two markets with different elasticities and charging separate unique prices | II | Second degree price discrimi nation |
C | Including extra units of another good with the main good sold and charging the consumer a higher price | III | First degree price discrimi nation |
D | Charging customers a different price depending on day of the week | IV | Third degree price discrimi nation |
The matching between market organization and type of monopoly pricing is:
(A) corresponds to Second-degree price discrimination, where consumers pay for varying quantities of goods.
(B) corresponds to First-degree price discrimination, where each consumer is charged their maximum willingness to pay.
(C) corresponds to Third-degree price discrimination, charging different prices based on cost.
(D) corresponds to Bundling.
Thus, the correct matching is: (A) - (II), (B) - (I), (C) - (III), (D) - (IV).
Hence, the correct answer is (d).