Which of the Following Is an Example of Price Discrimination

question 45

Multiple Choice

Which of the following is an example of price discrimination?

• A) Firm A sells its output for less than Firm B.
• B) Firm C doubles the price of its output given a large increase in market demand.
• C) Firm D is the only seller of a product.
• D) Firm E gives senior citizens a 10% discount.

---

Definitions:

Constriction

The act of narrowing, tightening, or compressing, often referring to muscles, blood vessels, or airways.

Iris

The colored part of the eye that surrounds the pupil and controls the amount of light entering the eye by adjusting the size of the pupil.

Ganglion Cells

Type of neurons found in the retina that receive visual information from photoreceptors via intermediate bipolar cells and transmit it to the brain.

Optic Nerve

An optic nerve that carries sight data from the retina directly to the brain.