In the taste-for-discrimination model, an increase in employer prejudice against African-American workers would cause the discrimination coefficient to _______________ and the demand curve for African-American labor to shift _______________.                                                                                                          a. Decrease; right.       b. Decrease; left.       c. Increase; right.  d. Increase; left

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Price Discrimination

Price discrimination or differential pricing is based on the principle that the seller will charge the buyer a price based on the buyer’s ability and willingness to pay for the product rather than applying uniform pricing for all.