Which of the Following Is Not an Example of Price

question 30

Multiple Choice

Which of the following is not an example of price discrimination by a firm?

• A)Children's meals at a restaurant
• B)A natural gas company charging all customers a higher rate in the winter than in summer
• C)Discounts for educators at a clothing store
• D)Bulk pricing for online retail

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Definitions:

Content Validity

Refers to the extent to which a test or measurement tool assesses all the relevant or necessary aspects of the concept it intends to measure.

Expert Judgment

The insight or decision made by someone who is highly knowledgeable and experienced in a particular field.

Random Errors

Errors in measurement caused by unpredictable fluctuations and which affect the precision of experimental data.

Fair Credit Reporting Act

A federal law designed to promote accuracy, fairness, and the privacy of information in the files of consumer reporting agencies.