The Practice of Selling the Same Product at Different Prices

question 91

Multiple Choice

The practice of selling the same product at different prices in different markets, without corresponding differences in costs, is:

• A) price discrimination.
• B) privatizing.
• C) monopolizing.
• D) output prioritizing.

---

Definitions:

Earnings Ratio

Earnings ratio typically refers to financial metrics that compare various aspects of a company's earnings to other measures, such as its share price in the price-to-earnings ratio.

Discriminate

To make a distinction in favor of or against a person or thing based on the group, class, or category rather than individual merit.

Employment Discrimination

Unfair treatment of employees or job applicants based on race, gender, age, religion, nationality, disability, or other protected characteristics, rather than on merit.