When Museums Charge a Lower Admission Fee to Students and Senior

question 21

Multiple Choice

When museums charge a lower admission fee to students and senior citizens, then this form of price discrimination is known as ________.

• A) location pricing
• B) channel pricing
• C) customer-segment pricing
• D) special-customer pricing
• E) loss-leader pricing

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Definitions:

Buffer

A protective barrier or means of cushioning against shocks or impacts, often used metaphorically in communication to soften the delivery of information.

Bottom-Line-First Messages

Communications that begin with the main conclusion or important information before elaborating with supporting details.

Culture

The collective intellectual achievements, arts, and social institutions of a particular nation or social group.

Letter Of Refusal

A formal written communication to decline an offer, invitation, application, or request, typically providing reasons for the refusal.