In ________, the Seller Charges a Separate Price to Each

question 74

Multiple Choice

In ________, the seller charges a separate price to each customer depending on the intensity of his or her demand.

• A) second-degree price discrimination
• B) third-degree price discrimination
• C) psychological discounting
• D) special-customer pricing
• E) first-degree price discrimination

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Definitions:

State Department

is a government department responsible for foreign affairs and diplomacy.

Agriculture

The science, art, and business of cultivating soil, producing crops, and raising livestock; a key sector that sustains human life by providing food and raw materials.

Stilted Tone

A writing style that is unnaturally formal, lacking in ease and fluidity, often making the text feel rigid or awkward.

Clichés

Phrases or expressions that have become overly familiar or commonplace and lack originality or impact.