The Lilly Ledbetter Act of 2009 Was Enacted to Correct

question 29

Multiple Choice

The Lilly Ledbetter Act of 2009 was enacted to correct what deficiency in law?

• A)The right to equal pay for women
• B)The right to sue your employer
• C)The right to file a claim under the Equal Pay Act whenever you find out about pay inequity
• D)The right to work and receive the same pay as a man for the same job

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Definitions:

Dynamic Pricing

A pricing strategy where prices are adjusted in response to real-time supply and demand conditions, market volatility, or customer behavior.

Odd-even Pricing

A pricing strategy where prices are set just below a round number, e.g., $19.99 instead of $20, to create a perception of greater value.

Product-line Pricing

A pricing strategy where different products within the same category are priced differently based on features, costs, or target market segments.

Price Differentials

The variation in the price of goods or services when compared across different markets, sellers, or buying conditions.