Price Discrimination Strategies That Cause Considerable Consumer Resentment or a Negative

question 57

True/False

Price discrimination strategies that cause considerable consumer resentment or a negative reaction from competitors can reduce or eliminate the effectiveness of such strategies.

---

Definitions:

Elicit Compliance

The process of persuading or influencing someone to agree with a request or conform to a certain demand or regulation.

Automatic Responding

Actions or reactions that occur without conscious thought, often as a result of learned behaviors or reflexes.

Mindlessness

A mental state characterized by a lack of conscious awareness or critical thinking, often resulting in automatic or habitual action without reflection.

Perceived Legitimacy

The extent to which an authority, institution, or power is regarded as justified, rightful, and acceptable.