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:
“There is a universal truth that I have found in my work. Everybody longs to be loved. And the greatest thing we can do is let somebody know that they are loved and capable of loving.”
—Fred Rogers (20th century)
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