Which of the Following Is LEAST Likely to Be Able

question 116

Multiple Choice

Which of the following is LEAST likely to be able to regularly engage in price discrimination?

• A) a farmer
• B) an airline
• C) a university
• D) a producer of copyrighted computer software

Calculate interest earned on term deposits and savings accounts.

Determine the interest owed on overdue accounts or delayed payments.

Discover the impact of varying interest rates on the amount of interest accrued over different periods.

Apply mathematical formulas to solve problems involving loans, savings, and investments.

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Definitions:

Employer

An individual or organization that hires and pays people to work for them under an expressed or implied contract of employment.

Employee

An individual who provides services to an employer under an expressed or implied contract of hire, for which the employer pays wages or salary.

Fair Labor Standards Act of 1938

United States federal law that establishes minimum wage, overtime pay eligibility, recordkeeping, and child labor standards.

Child Labor

The employment of children in an industry or business, especially when illegal or considered exploitative.