Price discrimination is when a producer will charge a different price for a different market. One good, modern example is clothing. Men’s clothing is typically around the same price for the same size, no matter the brand (unless you want specially made items or specialty items). Women’s clothing, on the other hand, varies in size, color, covering, and price from brand to brand and season to season.
While smalls typically cost the least, their price can range anywhere from $3 to $25, depending on the brand, material, and the season.
For another example, turn to fast food. Prices vary depending on the part of the world you’re in. European fast food places, for example, typically price fatty options higher than healthy options, while in America, the opposite is true.
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