Price discrimination refers to a system of pricing
A. based on buyer income rather than buyer demand conditions, so the poor pay more than the rich.
B. that is always more profitable than simple "single-price" pricing.
C. that forces customers who require more service to pay higher prices.
D. where consumer groups with a more elastic demand for the product are charged lower prices.
Answer: D
You might also like to view...
____________ are made after the questioning of witnesses
Fill in the blank(s) with correct word
Which piece of legislation created a large, cabinet-level department dedicated to protect the United States from terrorist attacks?
A. USA PATRIOT Act B. Department of Homeland Security Act C. USA FREEDOM Act D. Anti-Terrorism and Effective Death Penalty Act
________ are family-like structures, common in women's prisons, in which inmates assume roles similar to those of family members in free society.
Fill in the blank(s) with the appropriate word(s).
__________ is a neurotransmitter in the brain, which is highly correlated with addiction and physical dependency
Fill in the blank(s) with correct word