Which of the Following Would Not Be Considered Price Discrimination

question 37

Multiple Choice

Which of the following would not be considered price discrimination?

• A)setting separate rates for residential and commercial uses of electricity
• B)giving a senior citizen discount at restaurants
• C)renting recently released videos at a higher price than the old classic videos
• D)giving children a discount at the movies
• E)giving students a discount on ski lift tickets

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Definitions:

Intentional Iteration

A deliberate process of repeatedly refining and improving a product, service, or process based on feedback and testing.

Effect on Entrepreneurs

The impact that various factors, such as market forces or legislative changes, have on individuals starting or running their own businesses.

Blame-free Environment

A culture or setting where mistakes are viewed as opportunities for learning rather than assigning fault.

Lack of Ability

A deficiency in the skills or competence required to perform specific tasks or jobs.