Price discrimination can lead to a situation where some consumers pay more than others for the same product, but this practice can sometimes enhance overall market efficiency.

Price discrimination is when a company charges different prices to different customers for the same product. This can happen for various reasons, like when a business knows that some people are willing to pay more than others. For example, a movie theater might charge lower prices for children and seniors while charging adults a higher price. This practice can help the theater attract more customers who might not otherwise afford the full price, leading to more people enjoying the movie and the theater making more money overall. While it may seem unfair that some pay more, it can actually make the market work better by allowing more people access to products and services.