You Pay $60 at a Mall Video Game Store for a Computer

question 118

Multiple Choice

You pay $60 at a mall video game store for a computer game that you have been dying to play.Three months later,while at the same mall video game store,you see the same game for $20.What is this an example of?

• A)economies of scale
• B)price elasticity of income
• C)direct price discrimination
• D)indirect price discrimination

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Definitions:

Malevolent

Having or showing a wish to do evil to others, characterized by harmful or malicious intentions.

Asocial

Characterized by the lack of interest in or avoidance of social interactions.

Eastern Europe Cluster

A grouping of countries in Eastern Europe that share similar cultural, economic, or historical characteristics.

Uncertainty Avoidance

A cultural dimension that describes the extent to which individuals in a society are uncomfortable with ambiguity and risk, preferring structured situations.