In Third- Degree Price Discrimination, the Price Markup Is Smaller

question 24

True/False

In third- degree price discrimination, the price markup is smaller in the markets that are less responsive to price changes.

---

Definitions:

IT Department

The division within an organization that is charged with managing information technology and computer systems.

Task Analysis

A detailed, step-by-step description of precisely what a trainee should do and know in order to perform a particular skill.

Organize Content

The process of arranging or structuring information or material in a coherent and logical manner for effective communication or comprehension.

Determine Methods

The process of deciding or establishing the means by which a goal will be achieved.