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:
“Eddie did not die. He is no longer on Channel 4, and our sets are tuned to Channel 4; hes on Channel 7, but hes still broadcasting. Physical incarnation is highly overrated; it is one corner of universal possibility.”
—Marianne Williamson (b. 1953)
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