Charging different prices to different individuals or groups for the same product is called:
A. price discrimination.
B. price differentiation.
C. quantity discrimination.
D. market segmentation.
Answer: A
You might also like to view...
Using fiscal policy to stabilize the economy is difficult because
A. there are time lags involved in the use of fiscal policy. B. the effects of policy changes are known with certainty. C. the size of the government debt doesn't matter. D. potential income is known.
Refer to the scenario above. What is the sum of the payoffs to the firms if both the firms choose Strategy X?
A) 6 B) 0 C) 1 D) -1
Explain the complete formula for the M1 money supply, and explain how changes in required reserves, excess reserves, the currency ratio, the nonborrowed base, and borrowed reserves affect the money supply
What will be an ideal response?
An individual who is employed part time, but is looking for a full-time job, is classified as:
a. frictionally unemployed. b. cyclically unemployed. c. structurally unemployed. d. employed.