The Practice of Selling the Same Product at Different Prices

question 91

Multiple Choice

The practice of selling the same product at different prices in different markets, without corresponding differences in costs, is:

• A) price discrimination.
• B) privatizing.
• C) monopolizing.
• D) output prioritizing.

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Definitions:

Mental

Pertaining to the mind or psychological processes, including thoughts, emotions, and cognitive functions.

Accountability

The responsibility to report, explain, and be answerable for resulting consequences of one's actions.

Task Activities

Actions or steps taken by individuals or groups to accomplish a specific task or assignment.

Work Pattern

The regular manner in which work is organized, scheduled, and performed within an organization or job.