Which of the Following Is the Best Example of Second-Degree

question 40

Multiple Choice

Which of the following is the best example of second-degree price discrimination?

• A) A car salesperson's attempts to discover and charge the highest price that the customer is willing to pay.
• B) A sub shop that gives you a half-price sandwich on every sixth visit.
• C) Manufacturers' use of discount coupons printed in Sunday newspapers.
• D) Polaroid cameras and film.

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Definitions:

Piagetian Process

Refers to the cognitive processes and mechanisms proposed by Jean Piaget, such as assimilation, accommodation, and equilibration, that explain how knowledge develops in children.

Sucking Reflex

An innate reflex in infants that prompts them to suck any object placed in their mouth, aiding in feeding.

Accommodation

In cognitive psychology, the process of adjusting one's existing cognitive structures in response to new information.

Psychosocial Stages

Psychosocial stages are a theory proposed by Erik Erikson, outlining eight stages of psychological development through which a person ideally progresses from infancy to old age.