Which of the Following Would Be Considered an Example of a Second-Degree

question 94

Multiple Choice

Which of the following would be considered an example of a second-degree price discrimination strategy?

• A) Break-even pricing
• B) Variable pricing
• C) Contribution pricing
• D) Leader pricing
• E) All of these are examples of a second-degree price discrimination strategy.

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Definitions:

Electronic Shopping Cart

A feature of online stores that allows users to select and accumulate items they wish to purchase virtually before proceeding to checkout.

Notary

A public officer authorized to witness the signing of documents and to administer oaths, ensuring the authenticity of the signatures.

Acknowledgment

The official recognition by a notary public that another’s signature was made by that party’s free will. The acknowledgment is accomplished when the notary has signed the document and added the official seal to it.

Cyber-Agreement

A contract or agreement formed and existing in a digital format, often executed online.