Which of the Following Is an Example of Price Discrimination

question 30

Multiple Choice

Which of the following is an example of price discrimination?

• A)Increasing the price of a product when demand for the product increases.
• B)Charging different prices for a product in different regions of the country due to differences in transportation costs.
• C)Bundling complementary products to attract additional sales.
• D)Reducing the price of a product to reduce excess inventory.

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Definitions:

Retina

A layer at the back of the eyeball containing cells sensitive to light, which trigger nerve impulses that pass via the optic nerve to the brain.

Rods and Cones

Photoreceptor cells in the retina of the eye where rods are responsible for vision at low light levels, and cones handle color vision and detail.

Olfactory Cells

Sensory cells located in the olfactory epithelium of the nose involved in the detection of odors, playing a key role in the sense of smell.

Muscle Spindles

Sensory receptors within the belly of muscles, responding to stretch and actively participating in the regulation of muscle contraction.