Which of the Following Is Not a Way by Which

question 168

Multiple Choice

Which of the following is not a way by which price-discriminating firms can segment a market?

• A)on the basis of time of purchase, for example long-distance calling
• B)by requiring an advance purchase, for example airline tickets
• C)on basis of the buyer's location, for example requiring out-of-state students to pay higher tuition
• D)on the basis of the supplier's marginal cost of production, for example requiring customers to pay a premium for customizing options

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Definitions:

Motivation Psychology

The study of what drives individuals to initiate, sustain, direct, and terminate actions.

Sexual Response Cycle

Masters and Johnson’s model of sexual response, which consists of four stages or phases: excitement, plateau, orgasm, and resolution.

Extrinsic Rewards

Benefits or incentives given by external sources, such as money, grades, or praise, that motivate people to engage in certain behaviors.

Cognitive Theorists

Psychologists who study how we perceive, think, and solve problems, emphasizing the importance of mental processes in understanding behavior.