DrArceneaux Wants His Students to Take Advantage of Online Practice

question 77

Multiple Choice

Dr.Arceneaux wants his students to take advantage of online practice quizzes on his course Web site.Which of the following is the MOST effective plan to increase the number of practice quizzes completed?

• A) 1 bonus point for every twoonline practice quizzes completed.
• B) 5 points deducted from course total if no quizzes are completed.
• C) 1 bonus point awarded every 2 weeks if two or more quizzes have been completed.
• D) 1 bonus point awarded every now and then (about 2 weeks on average)if two or more quizzes have been completed recently.

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Definitions:

Intertemporal Price Discrimination

involves charging different prices at different times for the same product, aiming to maximize profits by taking advantage of differences in demand elasticity over time.

Peak-Load Pricing

A pricing strategy that adjusts prices in response to varying levels of demand, typically higher during peak usage times.

Marginal Revenue

The additional income that is generated by selling one more unit of a good or service.

Peak-Load Pricing

A pricing strategy that applies higher charges for goods or services during times of peak demand to manage usage and maximize profit.