Price Discrimination Occurs When a Firm Sells

question 216

Multiple Choice

Price discrimination occurs when a firm sells

• A) a given product at different prices at different points in time.
• B) a given product at different prices to different ethnic groups.
• C) a given product at different prices unrelated to differences in cost.
• D) a given product at different prices when it is produced in different colors.

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Definitions:

Database User

An individual or application with authorized access rights to interact with a database to retrieve, insert, update, or delete data.

Stacked

In graphical user interfaces, stacked refers to organizing elements in overlapping layers, with the focus element being brought to the front.

Circular

Pertaining to or shaped like a circle, often used to describe a type of reference or logic that returns back to its starting point, creating a loop.

Tab Stop

A location on a line of text, marked in a word processing program, where the cursor moves when Tab key is pressed.