Universal pricing is the opposite of price discrimination — one price is offered for the good or service. This is usually preferred by consumers over tiered pricing. For example, the European Union is currently making efforts to set a single-price protocol for automobile sales.
Read more about this topic: Price Discrimination
Famous quotes containing the word universal:
“... the ordinary is simply the universal observed from the surface, that the direct approach to reality is not without, but within. Touch life anywhere ... and you will touch universality wherever you touch the earth.”
—Ellen Glasgow (1873–1945)
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