Hedonic Pricing Is

question 5

Multiple Choice

Hedonic pricing is:

• A) the process of pricing individual characteristics of a good or service.
• B) the way that luxury goods are priced in a market economy.
• C) the tendency for the inflation rate to rise by greater and greater amounts.
• D) the tendency for nominal GDP to rise when the price level rises.
• E) the process of translating nominal GDP into real GDP.

---

Definitions:

Temporal

Bones that form the lower sides of the skull.

Ethmoid

Bones located between the sphenoid and nasal bone that form part of the floor of the cranium.

Occipital

Relating to the back of the head. The occipital bone forms the back of the skull.

Fontanels

Soft spots on a baby's head where the skull bones have not yet fused, allowing for growth of the brain and skull.