In Industries with High Fixed Costs, Price Discrimination

question 98

Multiple Choice

In industries with high fixed costs, price discrimination:

• A) is less common.
• B) helps firms access more markets.
• C) cannot help firms cover fixed costs.
• D) is not practiced internationally.

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Definitions:

Admissions

The process or act of allowing someone to enter a place, institution, or organization, often based on certain criteria or requirements.

Guilt

A feeling of responsibility or remorse for some offense, crime, wrong, whether real or imagined.

Negative Announcement

A communication that delivers bad news, unfavorable decisions, or adverse information to an audience.

Indirect

A communication approach that is not straightforward or direct, often used to soften a message or to be polite.