Which of the Following Would Not Be Considered Price Discrimination

question 176

Multiple Choice

Which of the following would not be considered price discrimination?

• A)charging higher rates on long distance calls during normal business hours
• B)giving lower air fares to those who buy tickets a month before departure
• C)charging lower prices for senior citizens at museums
• D)getting separate prices for residential and commercial users of natural gas
• E)charging more for BMWs than for Chevrolets

Understand how interest compounding frequency affects the future value of investments.

Understand and apply the concept of present value to determine the current worth of future cash flows.

Calculate average rates of return on investments over different periods.

Apply interest rate formulas to calculate future values of investments and savings.

---

Definitions:

Discontinuous Innovation

A type of innovation that creates a significant change in the way a market operates, often by introducing a new product or service that creates a new market.

Continuous Innovation

Gradual improvements or minor changes in products or processes that aim to sustain or enhance market competitiveness.

Market Modification

Strategies businesses use to alter the perception or structure of a market to expand the potential customer base, which may include creating new use cases for products or targeting new demographics.

Innovation

The practical implementation of ideas that result in the introduction of new goods or services or improvement in offering goods or services.