Price discrimination will result in consumers with more elastic demand purchasing more of the good than when a single price is charged to all consumers in the market.

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Luchka Pierre · Accepted Answer

Final Answer : True, Explanation :  Price discrimination involves charging different prices to different groups of consumers based on their willingness and ability to pay. By charging a higher price to consumers with a relatively inelastic demand and a lower price to consumers with a relatively elastic demand, the producer can increase their revenue and capture a larger portion of the market. This is because consumers with more elastic demand will be more sensitive to changes in price and therefore purchase more of the good when the price is lower.

Price discrimination will result in consumers with more elastic demand purchasing more of the good than when a single price is charged to all consumers in the market.

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