Using a real life example, explain why price discrimination is difficult to accomplish.

 

Price discrimination refers to a selling strategy whereby the seller charges different prices to different customers of same product according to the what seller thinks they get ready to pay. In real life, where there are many buyers and sellers of various commodities, price discrimination is difficult to achieve.  

Step-by-step explanation

Price discrimination is the act of charging different price to different consumers. an example is grocery market where there may be several sellers, and several buyers. Thus, with these huge number of sellers it is difficult to charge the different prices, if this is done the consumer on knowing will shift to the other seller. Thus the price discrimination is difficult to accomplish.