Which of the following is based on the idea of complete price transparency in a perfect information marketplace?

A. the Law of One Price
B. dynamic pricing
C. price discrimination
D. versioning


Answer: A

Business

You might also like to view...

Objective properties are physically verifiable

Indicate whether the statement is true or false

Business

Market characteristics such as size, growth rate, and trends are established in the market

overview section in a marketing plan. Indicate whether the statement is true or false

Business

A leader’s respect for others is not shown by ______.

A. listening closely to subordinates B being empathic C. being tolerant of opposing points of view D. being apathetic

Business

Which of the following is not a typical reason for unethical behavior?

A) We rationalize that what is ethical depends upon the circumstances. B) We do what we must to win. C) We rationalize that everyone is doing it. D) We enjoy the thrill of "getting away with it." E) We take the easy route to accomplish our goal.

Business