Which Term Refers to Selling Commodities of Similar Grade and Quality

question 15

Multiple Choice

Which term refers to selling commodities of similar grade and quality to two or more different buyers at different prices,within a reasonably short time,where the result would be to substantially lessen competition?

• A) Price discrimination
• B) Price fixing
• C) Bait pricing
• D) Penetration pricing

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Definitions:

American Option

A type of options contract that allows the holder to exercise the option at any time before and including its expiration date.

Expiration Date

The specified date on which an option, futures contract, or other derivative ceases to exist.

Right to Buy

An option giving the holder the ability to purchase an asset at a predetermined price within a specified timeframe.

Employee Stock Options

A benefit offered by companies to their employees, giving them the right but not the obligation to buy the company's stock at a predetermined price during a specified period.