A Cell Phone Company Offers a Promotion in Which It

question 55

Multiple Choice

A cell phone company offers a promotion in which it gives away a free phone to people who purchase the highest-level data usage plan.This is an example of which of the following?

• A)balance subsidies
• B)promotional subsidies
• C)direct cross-subsidies
• D)risk reduction subsidies

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Definitions:

Epicurus

Ancient Greek philosopher who founded Epicureanism, a philosophy advocating for the pursuit of happiness through modest pleasures and the avoidance of pain.

Religion

A system of faith and worship often involving belief in a supreme being or beings and a guiding philosophy or set of doctrines.

Happiness

A state of well-being and contentment characterized by positive emotions.

Hobbes

Thomas Hobbes was a 17th-century English philosopher known for his work in political philosophy, particularly his book "Leviathan" which argues for a social contract and rule by an absolute sovereign.