Ordinary Price Discrimination Draws Its Name from the Fact That

question 25

Multiple Choice

Ordinary price discrimination draws its name from the fact that:

• A)it is not the firms' first choice.
• B)it is inefficient.
• C)information asymmetries are usually not so severe to prevent this type of price discrimination.
• D)all firms engage in this sort of price discrimination.

---

Definitions:

Medicalization

The increasing influence of the medical profession in defining what is normal/healthy and abnormal/ill.

Diagnosed

The process of identifying a disease or condition by its signs, symptoms, and from the results of various diagnostic procedures.

Advances In Science

The progress and innovations in various scientific fields over time, contributing to knowledge and technology development.

Obesity

A state characterized by a BMI of 30 percent or more in an adult.