An Example of Price Discrimination Is When

question 83

Multiple Choice

An example of price discrimination is when:

• A) movie theaters do not allow children into R-rated movies without a parent or guardian.
• B) you can purchase a new PC for half the price of a new Mac, even though they are both computers.
• C) Procter & Gamble charges $9 for a bottle of Tide laundry detergent, while the store brand costs the consumer significantly less, despite being somewhat similar products.
• D) out-of-state students pay more for the same education as in-state students.
• E) a single box of Froot Loops costs $3.50, but when purchased in a case of six, it costs only $3.00 per box.

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Definitions:

Social Responsibility

The obligation of organizations to act in ways that have a positive impact on society, including ethical, environmental, and social considerations.

Taxable Income

The amount of income that is subject to taxation, after all deductions and exemptions have been applied.

Non-profit Groups

Organizations that operate for the collective, public, or social benefit, rather than to generate profit for owners or investors.

Ethical Development

The process of learning and embodying principles of right conduct, often involving the understanding and application of moral frameworks and guidelines.