The Hurdle Method of Price Discrimination Is an Attempt to

question 31

Multiple Choice

The hurdle method of price discrimination is an attempt to

• A) separate consumers on the basis of their reservation prices.
• B) inconvenience all consumers.
• C) separate consumers on the basis of their incomes.
• D) encourage consumers with high reservation prices to make a purchase they were not going to make.
• E) encourage consumers with low reservation prices to refrain from buying.

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Definitions:

Positively Correlated

A relationship between two variables where an increase in one variable is associated with an increase in the other, indicating a direct relationship.

Causal Related

Pertaining to a cause-and-effect relationship between two or more factors.

Clinical Interview

A method of assessment where a trained professional asks questions and engages in a conversation with a client to evaluate their mental health and functioning.

Ecological Validity

The extent to which behavior studied in one environment (such as a psychological test) is characteristic of behavior exhibited by the same person in a range of other environments.